The Price of Gold and the Art of War

(Kitco Commentary) – “If you wait by the river long enough, the bodies of your enemies will float by.” – Sun Tzu, The Art of War, Fifth century BC

Only fools and the ideologically impaired believe that today’s capital markets are free. In free markets, prices are determined by supply and demand. In capital markets, supply and demand considerations are subordinated to capitalism’s increasingly dysfunctional monetary menses, i.e. credit flows, emanating from central banks. Of all markets, today’s gold markets are the least free.

THE WAR ON GOLD
Years of study have convinced me that there is a strong and criminal agenda to illegally suppress the price of gold.