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Hugo Salinas Price: A perpetual 'war on gold'?
12:45a ET Wednesday, September 19, 2007
Dear Friend of GATA and Gold:
Hugo Salinas Price, president of the Mexican Civic Association for Silver and longtime friend and supporter of GATA, speculates in a new essay, "A Perpetual 'War on Gold'?," about how governments could keep their gold-price suppression scheme going even after their gold reserves are exhausted.
It's by surreptitiously acquiring major gold producers and operating them at a loss, which would be very small by government and general market standards and easily could be hidden by the government. (The U.S. government and a major Canadian mining company may have thought this one up first.)
Salinas Price's essay is a bit of a downer but in this business it's better to get and stay down than to stand up with a big smile on your face, wide open for the next central bank intervention. You can find the essay at GoldSeek here:
http://news.goldseek.com/GoldSeek/1190214120.php
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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