[quote=scaredycat]the gold bug line is that the VPP (or TRTB), or whoever they are) generally want to keep gold down, not manipulate it up. gold bad for normal system; so, gold bugs generally believe in a conspiracy-theorist way that the VPP’s are always doing their best to suppress the price of gold by selling lots of it at opportune moments. the conspiracists might be right. the concept is that when the VPPs finally lose control, gold might explode to its true value. So, if you think the VPP are manipulating gold, i’d probably agree with ya, but they’re not at least yet manipulating it to profit from by harvesting money from the masses. that’s the stock market. the gold bubble hasn’t really got going yet. Check if anyone in your wrkplace buys gold. when it’s a topic of discussion, then the bubble is underway[/quote]
Central bankers want to keep gold down because they want people to use their digital dollars that exist only in virtual reality for the most part and can disappear as quick as they were created. In a blink of an eye. When that happens the central bankers get all the hard assets attached to the virtual money that dissappeared. It’s a helluva scam, to collect thing with intrinsic value with something that is not real. I’ll give them that.
Scientist have been looking at our monetary system for decades and new this was coming. However, just like anybody who says any of our economic dogma will not work, they get shunned and painted as whack jobs or whatever for going against the predominant ethos.
High gold makes them look bad and for good reason, they essentially run a ponzi-scheme that requires ever expanding debt with interest attached to it that more debt/money has to be created to pay off. Nobody told them that you can’t have infinite growth in a finite world, I guess
Central bankers are essentially like priests that believe in strange superstition and base their way to run the monetary system on that superstition. It’s been that way for thousands of years. Banking first developed in the temples back in ancient mesopotamia where the preists held the grain or gold or whatever they were using at the time.
Infinite debt fiat is a system that has to collapse eventually, and that time is about now.
