Thursday, January 02, 2014

GATA: China Gold Chief Confirms Gold Price Suppression by U.S. MUX, TNR.v, GLD, GDX, SLV

GATA provides one more piece to our puzzle with Gold manipulation picture in place.

Bill Murphy: JPMorgan Silver And Gold Scandal Will Be Exposed GLD, MUX, TNR.v, GDX

 "We continue our research on Gold and Silver manipulations and this year has already provided us with a lot of revelations on this topic. So far China has benefited the most buying record amount of Gold at the artificially suppressed price levels."

Gold Catalyst: Dollar survival behind US-China tensions GLD, MUX, TNR.v, GDX

 "There are no bears left in the equity markets and no bulls are left in GoldBitcoin is rising to the sky and FED has found the youth portion secret: the more you print the better it gets.  Only question is left why China, India, Turkey and Thailand are buying record amount of Gold this year? Now we have the answer and it is spelled out by Press TV this time.  Please keep in mind that it is Iran network, but it is exactly the most important part of this message - who is now talking about it."


China gold chief confirms gold price suppression by U.S.

10:14a ET Thursday, January 2, 2014
Dear Friend of GATA and Gold:
Gold price suppression is U.S. government policy to maintain the dominance of the U.S. dollar in the ongoing international currency war, the president of China's gold mining association, Sun Zhaoxue, told a financial conference in Shanghai last June.
Sun's remarks were disclosed today by gold researcher and GATA consultant Koos Jansen, who obtained them from a rough transcription provided by the SINA Financial news service.
Jansen prefaces Sun's remarks with some incisive observations of his own about whether there is manipulation of the gold market and, if so, who is responsible for it. Jansen describes himself as a believer in "conspiracy facts," since, he writes, when money and power are at stake, people conspire.
While gold price suppression can hardly be addressed by mainstream financial news organizations in the West, for years it has been a fairly common topic in the government-controlled news media in China, and Chinese news reports about gold price suppression by the United States have even been cabled back to the U.S. State Department in Washington by the U.S. embassy in Beijing:
That would make the West's mainstream financial news media seem even more government-controlled than China's.
Jansen's commentary and account of Sun's speech are posted at Jansen's Internet site, In Gold We Trust, here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc."
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