This full article is only accessible to subscribers. But the beginning gives enough away to understand how the Federal Reserve and other Western central banks create smoke and mirrors with their reporting than any truth.
Anybody still believing in the ‘goodness’ of any central bank for its country or currencyzone will hopefully begin to question and find our for themselves.
The author is one of the regular contributors to GATA – The Gold Anti-Trust Action Committee – consisting of professional investors in gold.
Sovereign debt hangs like an albatross around the necks of too many countries.
This is the first sentence of an insightful article by The International Forecaster.
The perspective is not only the one of an investor, but also mainly American. But investors “see more” than academics!
Banks are buying US government debt paper. This is the answer provided by James Turk, editor of the Free Gold Money Report, in this article.
James Turk is a key contributor to GATA, the Gold Anti-Trust Action Committee that watches the Fed and the manipulation of gold markets closely.