“Indeed, it may be suspected that China actually cooperated with the Western central banks’ smashing of the gold price in April on the understanding that China then could join in the purchase of sharply discounted gold unloaded by panicked Western investors. The Chinese government also may have chosen April 16 to publicize Western gold price suppression to a domestic audience so that its own people would not be panicked out of their own gold. Of course the Chinese were panicked only into besieging gold shops to get still more metal.”
Read the complete article at GATA here.
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