In These New Times

A new paradigm for a post-imperial world

Assault on gold update

Posted by seumasach on April 14, 2013

Paul Craig Roberts

Institute for Political Economy

13th April, 2013

I was the first to point out that the Federal Reserve was rigging all markets, not merely bond prices and interest rates, and that the Fed is rigging the bullion market in order to protect the US dollar’s exchange value, which is threatened by the Fed’s quantitative easing. With the Fed adding to the supply of dollars faster than the demand for dollars is increasing, the price or exchange value of the dollar is set up to fall.

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