Why isn’t the price of gold higher?
Defeating the Cartel… With Profit, Part 2
… Consider that, although the Fundamentals for Gold have rarely been more Bullish, it is still below its all-time high and still suffers from periodic Cartel Takedowns. [The Cartel’s Motivation for these Takedowns is clear. To maintain its power and profit The Cartel must prevent increasing legitimacy for Gold and Silver as The Ultimate Stores and Measures of Value lest their Fiat Currencies and Treasury Securities be further delegitimized.]
We thus ask those who argue that The Cartel has “lost control” of the Gold price, the following question: if The Cartel had “lost control” given Gold’s ragingly bullish fundamentals, would not Gold have already attained, and even surpassed, its all time inflation–adjusted high, which would be about $2,300/oz?
Indeed, recent evidence strongly indicates that The Cartel is using U.S. Taxpayer – provided TARP funds to sell paper Gold to suppress its price! Outrageous!
…more…