Fund manager and newsletter writer James Rickards writes this week that central banks are working together to suppress the price of gold while redistributing official gold reserves in preparation for the devaluation of government currencies -- just what the economists and fund managers Paul Brodsky and Lee Quaintance wrote four years ago in analysis publicized by GATA:.....
http://www.gata.org/node/11373........
Rickards writes: "Here's the problem: If you took the lid off of gold, ended the price manipulation and let gold find its level, China would be left in the dust. It wouldn't have enough gold relative to the other countries, and because the price of gold would be skyrocketing, they could never acquire it fast enough. They could never catch up. All the other countries would be on the bus while the Chinese would be off.....
http://www.gata.org/node/16813
