The recent sudden collapse of gold prices in spite of strong global private demand for gold in the age of money-printing begs the question if there is much more than meets the eye.
The collapse was triggered by the sale of an unprecedented quantity of between 124- 400 tons of gold all at once on Friday 12 April, off-loading some 40,000 future contracts in a few minutes. The sale continued after the weekend. The sheer scale and the choice of an intervening weekend suggests a well-planned and coordinated global strategy.
Paul Craig Roberts, a former Assistant Secretary of the Treasury for Economic Policy and associate editor of the Wall Street Journal reveals the hidden agenda to save the dollar in his Institute of Political Economy blog here
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