|
| I lean to "orchestration of new currency order," ja.
Sina Financial News June 28, 2013 – At the Lujiazui Forum River Nocturne sub-forum held today, China National Gold Group Corporation General Manager Zhaoxue said the United States intends to suppress gold to ensure the Dollar’s dominance, that the fall in the price of gold premeditated, and a part of the currency war."
............
"When it comes to gold price manipulation there are currently four camps:
Camp one states the price of gold isn’t manipulated at all. (Although we know bonds, interest rates, stocks, commodities, CPI and exchange rates, and thus all currencies are manipulated. Furthermore, futures exchanges are flushed with enormous amounts of contracts in the most illiquid hours, trades that don’t make sense from a profit perspective because the seller doesn’t get the most money for its products. Sure, it happens both ways, which only illustrates how easy the price is manipulated.)
Camp two states the US (and its allies) are manipulating the price of gold, a historical fact, in a last attempt to save the US dollar hegemony.
Camp three states the Chinese have been manipulating the price of gold in recent months, in their challenging quest to diversify their foreign exchange holdings. Supposedly they bring down the price of gold through the western paper markets to buy as much physical gold in exchange for their still relative strong dollars. If true, a strategy that has worked excellent in 2013.
Camp four states the price of gold is manipulated in conjunction by the west and the east. A result from deals made behind the scenes, or an orchestration of a new monetary order through redistributing gold among nations according to the size of their economy."
"an orchestration of a new monetary order"
http://www.ingoldwetrust.ch/sun-zhaoxue-us-intends-to-suppress-gold... | |
|
which camp are you in?
