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Ronan Manly: The staggering levels of real 'inflation-adjusted' gold and silver prices
8:07p ET Sunday, January 17, 2021
Dear Friend of GATA and Gold:
Bullion Star researcher Ronan Manly reports tonight that if gold and silver prices had kept pace with real inflation, disregarding the sham calculations long used by the U.S. Bureau of Labor Statistics, the gold price would be nearly $21,000 and the silver price nearly $1,000.
Which is, of course, why the U.S. and allied governments use the futures markets to maintain a grossly artificially lower price for the monetary metals, lest the metals mete out to government currencies the destruction their ordinarily would deserve.
Manly's report is headlined "The Staggering Levels of Real 'Inflation-Adjusted' Gold and Silver Prices" and it's posted at Bullion Star here:
https://www.bullionstar.com/blogs/ronan-manly/the-staggering-levels-of-r...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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