Bill Holter’s Commentary
Please note, the following is not a joke in any manner, it is a direct and exact quote from Eddie George. Please google his name, while you are at it, look up Judy Shelton! This will end spectacularly and without notice!
‘We looked into the abyss if the gold price rose further. A further rise would have taken down one or several trading houses, which might have taken down all the rest in their wake. Therefore at any price, at any cost, the central banks had to quell the gold price, manage it.
‘It was very difficult to get the gold price under control, but we have now succeeded. The U.S. Fed was very active in getting the gold price down. So was the U.K. ’ Sir Eddie George (1938-2009), Bank of England Governor, September, 1999.
