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Trilateral Plan to Corner World Gold Market?

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posted on Dec, 10 2008 @ 10:20 AM
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Since 1973, this writer has made inquiry as to the location and ownership of the vast stores of monetary gold (400 oz., .999 pure bars) in the world. There has not been a formal audit on Fort Knox, for instance, since the Eisenhower administration. Official statistics on gold holdings are often contradictory. Getting plain answers from any Central Bank in the world, including the Fed, is virtually impossible.

This paper points out a pattern of manipulation that has been clearly observed by many people....


www.augustreview.com...

Very interesting article; it presents some data and theories that I hadn't heard before:


Before he was CEO of Goldman Sachs and then US Treasury Secretary, Robert Rubin worked in London for Goldman Sachs. One of his duties was to oversee their gold trading operations. We know this because the CEO of Kirkland Lake Gold, Brian Hinchcliffe, a staunch GATA supporter, worked in London back then for Goldman Sachs and reported directly to Robert Rubin.

This was many years ago and interest rates in the US were very high, say from 6 to 12%. Rubin had Goldman Sachs borrow gold from the central banks to fund their basic operations. They could do so at about a 1 % interest rate. This was like FREE money, as long as the price of gold did not rise to any sustained degree for any length of time.


If gold is no longer viable as the basis for a national currency, why are gold markets being so continuously manipulated? Can anyone explain this in simple terms?



 
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