jt

What's CNBC's Problem with Gold?

Yes...it is disgustingly simple--the mainstream media (MSM), including CNBC et al, is bought and paid for and controlled through desks in DC and NY all belonging to the Bankster Elite family (actually it is controlled almost in toto by 6 persons). It is now for US citizens what Pravda was for our Russian peasant comrades in the last century...pure propaganda...pabulum for the masses..."gentle" brainwashing.

And it's a no-brainer why their masters are anti-gold, as in "DOH!!"...they control the printing press. They control the money supply or are first on the food chain to receive "new money." (To call it printing is now an anachronism as we're essentially dealing with electrons in the ether, created with a few keystrokes and placed in the hands of the club members.) And as Nathaniel Mayer (Bauer) Rothschild quipped in the early 1800s: (and I probably paraphrase) "I care not a whit what puppet they put on the throne of England, on the throne of the kingdom on which the sun never sets, whoever controls the money supply controls the throne, and I control the money supply." He controlled the Bank of England, and the Fed is simply one of the demon spawn of the Bank of England.

Gold is the canary in the coalmine that warns of the degradation, the devaluation, the inflating of the paper currency (note, I did not say "money"...gold and silver are money...the FRN "dollar" is simply currency...backed by...well, if you don't know what its backed by, you can't possibly understand this article or my comment)--the higher the price of gold, the more the devaluation of the paper currency becomes obvious. So suppression of the price of gold (and its poorer cousin silver) is necessary for TPTB to be able to continue to tout their "strong dollar" policy...which is simply a bold faced lie, nothing more, nothing less.

And the ridiculously low price of gold (compared to new currency created, esp. FRNs) is what they have used to justify low interest rates (Gibson's Paradox--just ask Larry Summers about that) and the lies from the BLS (Bureau of Lying Statistics) about our rate of inflation (which of course for anyone with half a background in real economics is NOT about prices, but about expansion of the money supply, which will in the end bring about all kinds of price inflation while in the meantime leading to gross misappropriation of capital).

And I could go on, but again, the bottom line is exactly as stated by our ManAboutDallas...he ain't really MAD at all...but right on the money...so to speak '-) jt