Jaques

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    • Thu Oct 4th 10:02 AM | Rating: 0 0
      Commented on:
      Solution to IMF Cash Problem: Sell Gold To China
      They wouldn't do that because it wouldn't have the desired effect of suppressing the price of gold. Quite the contrary, such an announcement would boost gold extraordinarily.

      The way they play the game, is to regularly bring this red herring out about selling gold at psycholgical moments such as this, when they think there is a risk of the price rising too fast, or when they think it is vulnerable and can be smacked down.

      The fact that this gold doesn't actually belong to the IMF but to the member states that have supplied the gold, and that that means it actually belongs to the people of those states; as well as the fact that gold is rising healthily in an extremely unhealthy economic environment, and therefore constitutes an excellent investment for the IMF; is apparently quite irrelevant, as the true motives of these nefarious villains is to maintain the fiction of low price inflation, and also to befuddle the public into thinking that the fiat currencies should be held in preference, so that their insidious annual real value erosion can continue as a hidden unauthorised tax that the masses cannot see or comprehend.
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