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Julian Phillips: Gold price manipulation is the very point of government

Section: Daily Dispatches

3:55p ET Thursday, September 4, 2014

Dear Friend of GATA and Gold:

Gold market manipulation is not just a fact of long history but a governmental imperative, Gold Newsletter editor Julian Phillips writes today.

Governments, Phillips writes, "have a need to govern and control all types of money, their economy, and their people. Without control over money, the majority of a government's power dissipates. That's man's history and his future, in this world."

Gold is so crucial to the world financial system and to government power, Phillips adds, that he considers gold confiscation a serious possibility.

Phillips' commentary, headlined "Of Course the Gold Price Is Manipulated -- That's the Point!," makes it as obvious as anyone ever has done. So why don't the World Gold Council and most mining executives understand it? Either they can't read or they're on the other side.

Phillips' commentary is posted at GoldSeek here:

And at 24hGold here:

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


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