You are here

Russian government again shows it knows all about gold price suppression

Section: Daily Dispatches

7:40p ET Wednesday, September 20, 2017

Dear Friend of GATA and Gold:

Interviewing GATA's friend the gold market researcher, author, and financial letter writer Dimitri Speck of SeasonalCharts.com, the Russian government news agency Sputnik today demonstrates again that Russia knows all about the gold price suppression scheme of Western governments and central banks.

Russia's acknowledgment of the scheme dates at least to the speech given to the London Bullion Market Association meeting in Moscow in June 2004 by the deputy chairman of the Bank of Russia, Oleg Mozhaiskov, a speech whose only words in English were "Gold Anti-Trust Action Committee":

http://www.gata.org/node/4235

Speck today told Sputnik that the gold price suppression scheme's purpose is to impair gold's competition with Western government currencies and enable Western governments to keep their interest rates low.

The interview with Speck is headlined "'Secret Monetary Policy': Who Manipulates Gold and Why" and it's posted at Sputnik here:

https://sputniknews.com/business/201709201057560325-who-manipulates-gold...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org



ADVERTISEMENT

Storage and Withdrawal of Gold with Bullion Star in Singapore

Bullion Star is a Singapore-registered company with a one-stop bullion shop, showroom, and vault at 45 New Bridge Road in Singapore.

Bullion Star's solution for storing bullion in Singapore is called My Vault Storage. With My Vault Storage you can store bullion in Bullion Star's bullion vault, which is integrated with Bullion Star's shop and showroom, making it a convenient one-stop shop for precious metals in Singapore.

Customers can buy, store, sell, or request physical withdrawal of their bullion through My Vault Storage® online around the clock. Storage rates are competitive.

For more information, please visit Bullion Star here:

https://www.bullionstar.com/



Join GATA here:

New Orleans Investment Conference
Wednesday-Saturday, October 25-28, 2017
Hilton New Orleans Riverside Hotel, New Orleans, Louisiana
http://neworleansconference.com/wp-content/uploads/2017/07/NOIC2017_powe...

Mines and Money London
Business Design Centre
London, England, United Kingdom
Monday-Thursday, November 27-30, 2017
http://london.minesandmoney.com/

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16