Gold Manipulation gains a bit of main stream attention

Julia Dixon on July 18, 2012

Perhaps thanks to the LIBOR scandal, gold market manipulation is beginning to look less like a crazy conspiracy theory and more like reality.

The story has gotten two mentions on CNBC, here in June and again here last week. The story has also made the UK’s Telegraph most recently on the 11th.

For anyone familiar with gold and currency, the ‘why?’ of gold manipulation is very intuitive. Gold is the nemesis of modern banking. But the ‘how?’ is a bit more complex. Chris Powel of GATA recently posted this explanation to the GATA website.

And for anyone yet unconvinced or in need of a refresher, this is an excellent piece that was posted to Zerohedge back in March.

 

 

Posted by Julia Dixon

Julia Dixon is the editor of DGCMagazine and is responsible for the quality of all content and produces a large amount of original content for the site. Julia holds a bachelor’s degree in Economics and is an avid student of Austrian monetary theory, with her favourite being the works of Murray Rothbard.

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One Reply to “Gold Manipulation gains a bit of main stream attention”

  1. Fed side stepping transaction and ownership issues by conducting its own gold audit? | DGC August 6, 2012 at 3:01 am

    […] of the ‘audit the fed’ bills recent success  in the house but also because of increased news coverage of GATA’s concerns of gold market manipulations, and the recent ‘Gold Action’ campaign out of […]

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