To manipulate the price of gold, it takes a lot of lies. It is essentially an exercise of mind control.
Here is a great example of economic propaganda designed to steer the masses. The message is to stay away from gold and look for economic salvation from the paper and digital instruments the powers that be originate and control.
Do they think we are idiots? Obviously.
Gold prices may indeed go down, but not because of any kind of free market pressure. There is no free market for gold. The price of gold will be manipulated down using the paper and digital instruments the powers that be originate and control. It is a controlled market, manipulated for the benefit of the controllers.
The arguments given by Roubini border on ludicrous. He starts off by shooting himself in the head:
So gold prices should spike, rather than tank.
A second round to the head. Not only are there no serious risks to the global economy, but there is no risk of high inflation. What an idiot. We
have high inflation. Does anyone see the price of living falling?
Gold is a store of value. When you make 10% in the stock market, and the true rate of inflation is 15% (not the laughable 1.7% that the government has the gall to claim), you have the illusion of income while you are losing value. It's a con-game.
I could go on, dissecting Roubini's arguments point by point, but there's no need.
Unlike Assange, he is clearly a bankster stooge.
For contrast, see Tyler Durden's
articles, including those listed as links below the "Similar Articles You Might Enjoy" title.