Barrick Gold Corp (ABX)

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China: Gold price decline premeditated. U.S. has started a currency war -


January 15, 2014 / D.Collins / One comment

China National Gold Group Corporation, General Manager Sun
Zhaoxue has come out and told the world media that the
U.S. is suppressing the gold price.

The reason for America’s manipulation of gold is to ensure
U.S. Dollar dominance on the world stage.

America has by default ended up with the
world’s reserve currency and therefore , get the world to
work for them in exchange for an ever increasing supply
of printed greenbacks.

He also went on with an excellent analysis on of
America’s war against Europe and the Euro using their
investment banks.

Another good insight from Sun Zhaoxue is that while
major players like Warren Buffet and Goldman Sachs talk
about how they hate gold and forecast price declines
they have made large bets on gold and gold companies.

His comments from the Liujiazui economic forum were as follows:

http://www.thechinamoneyreport.com/2014/01/15/china-gold-price-decline-premeditated-u-s-has-started-a-currency-war/