Multi-billionaire Hugo Salinas Price just warned this is what has international bankers so worried.
International Bankers, Gold & Silver
July 2 (King World News) – Multi-billionaire Hugo Salinas Price: “The prices of the precious metals – gold and silver – are under strict control by the syndicate of the International Bankers. (Incidentally, I speak of the real power exercised by the International Bankers, in a rather long article on my website, www.plata.com.mx. I do hope you will read it! Mr. Trump is finding out, from Jay Powell of the Federal Reserve, that the real power in this world is in the hands of the International Bankers.)
The time when it was necessary to prove the existence of this control, was over long ago. Today it is an unquestioned fact. However, most analysts of the precious metals market continue to bury their heads in the sand of falsity, for various personal reasons. Thus, they only comment on “market behavior”.
Why do International Bankers wish to control the prices of the precious metals?
Monopoly Money
Because their Power is based on the false money that they issue, and true market prices of the precious metals would very clearly reveal the steady loss of purchasing power of the false money they issue and thus erode their Power significantly, or even destroy it.
Now that we have the “Why” for control out of the way, let us turn to the “How” of the control:
We must distinguish the interest of the International Bankers, from the operation of the world market in precious metals. The world market for precious metals includes some of the Central Banks of the world, as well as private investors handling either their own funds, or the funds of corporations under their care.
The Central Banks all know that the prices of the precious metals are under strict control to prevent their rise to a true market value. Until recently, these Central Banks had no interest in acquiring gold for their Reserves, as they were satisfied with their operations based on fiat money…
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Now that the Central Banks are aware of the great problem of the existence of an absolutely enormous amount of debt in the world, and of its impending default, they have a renewed interest in obtaining gold for their Reserves, at the cheapest possible price; thus, they favor the continued suppression of the prices of the precious metals and remain silent regarding that suppression. Their overriding concern is their own solvency, and not the well-being of private investors or corporations.
Regarding the market for gold and silver on the part of corporations and private individuals, we have to take into account that the vast majority of both groups – corporations and private individuals – are heavily burdened with debt.
Maintaining Solvency..
Their over-riding day-to-day interest is to maintain solvency and be able to service their debts with fiat money. Thus, both corporations and the great mass of private investors cannot afford to distract funds from on-going operations, and invest them in gold or silver, because – to repeat once more – they need to service their present huge debt loads and prevent bankruptcy, and a stagnant price of the precious metals makes it impossible for them to contemplate placing funds in gold or silver investments.
…And Keeping Gold Prices Low
Thus the gold and silver markets for corporations and private individuals has been reduced to a small minority who owe so little fiat money that they can afford to purchase gold or silver, and wait for its eventual rise to much higher prices, when the proverbial shit hits the fan. So that explains How The International Bankers have been able to keep the price of gold low.
At present, the rising price of gold is very worrying for The International Bankers, and they are now doing everything they can, to stem its rise. Aiding them will be those corporations and private individuals who will liquidate their holdings of precious metals to realize a quick profit.
If, in spite of this situation, the price of gold continues its ascent in the face of a gravely increasing amount of world debt issued by The International Bankers of the West, the small minority who have been accumulating gold and silver in a listless market is going to turn into a mass of buyers who want to make a profit, and a stampede may take place which will take the price gold to unsuspected heights. “Wait and see” before buying, may turn into “Do it NOW!”
First Time In 80 Months, And Don’t Worry About Silver
READ THIS NEXT! First Time In 80 Months! Plus Gold Is Rising In Popularity But Here Is Why You Don’t Have To Worry About Silver CLICK HERE TO READ
***KWN has now released an extremely important audio interview with Dr. Stephen Leeb discussing why he believes that the price of gold will soar above $10,000 and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.
More articles to follow…
In the meantime, other important releases…
Astonishing Look At The Fierce Trading In Gold, A Major U-Turn By This Central Bank And Trouble Brewing In The US And China CLICK HERE TO READ
GLOBAL WRECKING BALL IN MOTION: Despite Volatility, Why Gold Price Is Set To Accelerate Thousands Of Dollars Higher CLICK HERE TO READ
BREAKING: Greyerz – Another Swiss Bank Can’t Find Their Client’s Gold CLICK HERE TO READ
Central Banks See Massive $2.2 Billion In Losses On Gold Shorts, But Here Is Why It May Get Much Worse CLICK HERE TO READ
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