That's right. The dollar is a ponzi scheme. One of the tool to maintain the dollar system is gold price supression. But gold went up 538% the last 10 years DESPITE OF suppression.
This is chart of gold price and US debt ceiling. They are going the raise the ceiling this comming Oct\Nov.
No government official will admit the gold suppression. GATA is the foreun organization to expose the manipulation of gold market. you could check it out
Why government and central banks suppress gold price? Lawrence Summers did a research before he joint the US government that gold price determine interest rate and value of government bond, becuase gold is a competing currency of the dollar. If gold price could be controlled, the US government could keep interest rate low and yet maintain the value of treasury bonds. This exactly the distored environment we are living in.
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