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Julian Phillips: Gold price manipulation is both history and current practice
2:25p ET Friday, December 20, 2013
Dear Friend of GATA and Gold:
Gold Forecaster editor Julian Phillips today provides an excellent analysis of the various interests behind gold market manipulation, the venues where it can take place, and its likely consequences.
Phillips concludes: "Gold price manipulation is a matter of history. It happened, it happens, and, so long as both governments and bankers resent and oppose the discipline gold forces on paper money issuance, it will happen. But there are deeply troubling consequences on the way."
Phillips' commentary is headlined "Gold Price Manipulation -- Is It Real?" and it's posted at GoldSeek here:
And at 24hGold here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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