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Home > Hugo Salinas Price: A perpetual 'war on gold'?

Hugo Salinas Price: A perpetual 'war on gold'?

Submitted by cpowell on Wed, 2007-09-19 00:54 Section: Daily Dispatches

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 [1]

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

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Join GATA at these conferences:

The Silver Summit
Thursday-Friday, September 20-21, 2007
Coeur d'Alene, Idaho
http://thesilversummit.com [2]

New Orleans Investment Conference
Sunday-Thursday, October 21-25, 2007
New Orleans, Louisiana
http://www.neworleansconference.com [3]

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Source URL: https://gata.org/node/5529

Links
[1] http://news.goldseek.com/GoldSeek/1190214120.php
[2] http://thesilversummit.com
[3] http://www.neworleansconference.com
[4] http://www.gata.org/