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Russian government again shows it knows all about gold price suppression

Section: Daily Dispatches

7:40p ET Wednesday, September 20, 2017

Dear Friend of GATA and Gold:

Interviewing GATA's friend the gold market researcher, author, and financial letter writer Dimitri Speck of, the Russian government news agency Sputnik today demonstrates again that Russia knows all about the gold price suppression scheme of Western governments and central banks.

Russia's acknowledgment of the scheme dates at least to the speech given to the London Bullion Market Association meeting in Moscow in June 2004 by the deputy chairman of the Bank of Russia, Oleg Mozhaiskov, a speech whose only words in English were "Gold Anti-Trust Action Committee":

Speck today told Sputnik that the gold price suppression scheme's purpose is to impair gold's competition with Western government currencies and enable Western governments to keep their interest rates low.

The interview with Speck is headlined "'Secret Monetary Policy': Who Manipulates Gold and Why" and it's posted at Sputnik here:

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


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