GoldSilver.com - The Coming Price Explosion: Why would the government want to suppress the price of gold and silver?

Central Banker's Dream - (n) the unlimited expansion of fiat currency and credit without the disastrous effects of price inflation or a loss of confidence in the paper currency itself.

Gold and silver are real money.

Gold and silver are competitors to paper fiat currencies the world over.

Gold and silver values tend to inversely reflect the public's confidence in paper currency.

When central bankers abuse their fiat currencies and credit supplies (like they have been and are currently doing), the inevitable results are a loss of confidence in both fiat currency and in its purchasing
power. When the prices of gold and silver are high, it reflects poorly
on central banks, interest rates rise, and it becomes extremely
difficult for governments to finance expenditures via deficit spending.



Who has the means, motive, and opportunity to suppress the price of precious metals?

The Gold Anti-Trust Action Committee (GATA) was formed in January 1999 to expose the alleged manipulation and suppression of the price of gold. Over the past 11 years GATA has complied evidence alleging that
the bullion banks (JP Morgan, Chase Bank, and Goldman Sachs among
others) have been working closely with the U.S. Treasury Department and
Federal Reserve in a gold cartel, part of a broad scheme of manipulation
of the currency, precious metals, and bond markets.

Gold Anti-Trust Action Committee - GATA
GATA T-Shirt

GATA has long implicated the New York Commodities Exchange (NYMEX) as being a mechanism by which gold and silver price suppression is implemented. The smoking gun, according to the committee, is the
excessive concentration of bullion bank positions in the gold and silver
futures markets. They say this concentration enables market
manipulation. One of GATA's points is that market concentration was the
justification offered by the CFTC in 1980 when it acted against the
Hunt Brothers in the silver market.

If you can't touch it - You don't own it!

ETF's or Exchange Traded Funds are indicted as the other half of the price manipulation of gold and silver. Try reading the prospectuses of GLD and SLV. You will find these funds could be mere derivatives
garnering their shareholders exposure to the future spot price of their
respective metal; they are not gold and silver that the shareholder
wholly owns.

For more thoughts from Mike Maloney on ETF's - Click Here.

All manipulations end. Fiat currencies die. And the free market always wins. The longer the manipulation and price suppression, the more explosive the upside becomes. Buy physical gold and silver and
hang on - this promises to be an incredible ride!

"They are getting caught in one of the world's most gigantic short squeezes. One day we will see these prices just absolutely explode. I want to be on the correct side of this, and I
want to own as much physical gold and silver coins and bars as possible
when this happens."

- Mike Maloney

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Comment by fireguy on May 25, 2010 at 2:35pm
If we had a real government they would be buying all the gold and silver they could to protect our monetary system from total and complete collapse instead of selling and manipulating the metals market.

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