Paper Gold Market Collapses. Scarcity of Physical Gold for Sale in Asia…

Paper Gold Market Collapses. Scarcity of Physical Gold for Sale in Asia…

“The official story presented by “authoritative” financial analysts is that the price of gold plummeted  “as fears diminished” that central banks would now be able to “stoke” inflationary pressures,  thereby boosting from one day to the next confidence in the US dollar.

According to the Wall Street Journal (April 15):  “The reversal comes as investors are grappling with signs the global economic expansion that began in 2009 is slowing.”

This stylized WSJ financial “analysis” is flawed and misleading. It does not address the real causes, namely the outright manipulation of  the gold market by powerful financial actors.”

By Prof Michel Chossudovsky
Global Research, April 16, 2013 http://www.globalresearch.ca Read More

 

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