RT publishes detailed report by Ronan Manly on gold price suppression
Dear Friend of GATA and Gold:
Gold researcher Ronan Manly, whose work is regularly posted at Bullion Star and publicized by GATA, has provided to Russia Today a detailed report on the history and mechanisms of gold price suppression by major governments and central banks.
While its details will not be new to those who follow GATA, Manly's report may be most significant for establishng again that the government of Russia, which owns RT, knows all about the gold price suppression scheme and has known at least since the deputy chairman of the Bank of Russia, Oleg Mozhaiskov, addressed the London Bullion Market Association about GATA's work during a speech in Moscow in 2004:
Presumably if Russia knows all about gold price suppression and is acting on it by remaining a steady buyer of the monetary metal, nations friendly to Russia also know and may be acting on it, and denials of gold price suppression by Western sources are utter disinformation.
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Manly's report is headlined "Central Banks Manipulating and Suppressing Gold Prices -- Industry Expert to RT" and it's posted at Russia Today here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.