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2008-09-02 — gata.org
Actually, of course, GATA's position is that quite a few insiders have testified to the gold price suppression scheme. Though Shedlock purports not to notice it, GATA has been publicizing their admissions for years. It would be decent of Shedlock and those who share his views to familiarize themselves with and respond to these admissions... Indeed; the approach of officialdom has not been to overtly lie about gold (after all, lies can be debunked), but to minimize the treatment of the subject such that gold will be eliminated from the public conscience as a topic of importance or concern entirely. At this they have been spectacularly successful. It is hard to see how they could play it any other way: to get people to accept a free-floating fiat currency, it is clear it would be better to let people think gold exists in a free market just like any other commodity, and is trading purely based on fundamentals, rather than to publicly address gold (even just to disparage it) or its often counter-intuitive price moves.
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