by Den Haag, GATA:
Dear Friend of GATA and Gold:
Disappointing as the price action in gold is, it also represents progress for our side insofar as the Western central banks and the U.S. government in particular — the Federal Reserve and Treasury Department — are now so desperate to support the U.S. dollar and hold the parasitic banking system together that they don’t care anymore about getting caught in their gold market interventions and, really, their interventions to rig all major markets.
From CNBC Friday:
Gold’s Plunge Blamed on One Massive Sell Order
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