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Dogs and cats living together! Kitco News does gold price suppression again!

Section: Daily Dispatches

2:24p ET Tuesday, January 26, 2021

Dear Friend of GATA and Gold:

"Fire and brimstone coming down from the skies! Rivers and seas boiling!...

"Forty years of darkness! Earthquakes, volcanoes! ...

"The dead rising from the grave! ...

"Human sacrifice, dogs and cats living together! Mass hysteria!"

Today the "Ghostbusters" crew might add: "Kitco News reporting about gold price suppression!"

... Dispatch continues below ...


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For the second time this month -- second time in a week even -- Kitco News reporter David Lin has interviewed someone about government gold price suppression policy.

Last week it was former U.S. Rep. Ron Paul:

Today it is research and consulting firm founder Luke Gromen, who, as if reading from GATA's documentation archive, says governments have managed the gold price for decades to defeat competition with their currencies and particularly the world reserve currency, the U.S. dollar.

Gromen adds that this suppression lately has been implemented through the creation of vast imaginary supplies of "paper" or derivative gold.

But Gromen thinks that excessive debt is starting to give governments an interest in letting gold rise, which would ease debt burdens and support asset prices. He sees much higher gold prices ahead.

Gold price suppression must be getting pretty obvious. Could the Financial Times and Bloomberg News be next?

Lin's interview with Gromen is 18 minutes long and can be viewed at Kitco here:

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

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