WORLDWIDE GOLD REDISTRIBUTION SUSPECTED

Saturday, March 14, 2015
By Paul Martin

Hot economic news items from top-rated market timer for precious metals

MARK LEIBOVIT
WND.com
Mar. 13, 2015

From the Gold Anti-Trust Action Committee:

Worldwide gold redistribution suspected

Recent assertions by fund manager and geopolitical analyst James G. Rickards – author of “Currency Wars” and, more recently, “The Death of Money” – that the United States and China are cooperating in suppressing the gold price so that China more easily may obtain enough metal to hedge its grotesque foreign exchange surplus in dollars, are not necessarily the first ones along those lines.

As Rickards has held U.S. Defense Department security clearance and was the lawyer for Long-Term Capital Management during the rescue arranged by the Federal Reserve in 1998, he is always worth the closest attention and surely knows more than he can tell without breaching some confidence.

But the first suggestion that central banks were working surreptitiously to redistribute the world’s gold among governments as the transition to some sort of worldwide currency revaluation may have been made by economists and fund managers Paul Brodsky and Lee Quaintance, then of QB Asset Management, now of Kopernik Global Investors, whose dissertation on the issue was published in May 2012.

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