wikileaks flash: us gold rigging - china knows, page-9

"Volker himself lamented they should have done more to manage the price of gold. And so they did."

... by raising interest rates. If you call that manipulation then you're crazy. Real interest rates are what drive gold. Right now they're negative and gold is moving higher... in the 80s/90s they were positive because of what Volcker did, and gold fell.

If you look at all the cycles over a century or two.... gold vs government debt, gold vs DOW, gold vs real interest rates... there is nothing at all suspicious with the gold price movements in the past couple of decades. It's only the people who sell conspiracies for a living who would have you believe otherwise (so that you ride the next bear market down and they make more money).

Again, I ask:

1) If China is so concerned why are they continuing to store most of their gold in NY and BOE?

2) Why does gold continue to flow in record amounts from the West to India and China if there are shortages due to gold being manipulated lower?

Rowingboat