Global Central Banks Dump Gold

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Uploaded by on Dec 27, 2008

Oct 1997, Coast To Coast AM: Andrew Gause and Art Bell. Central banks around the world sold gold into the market, and who were the net buyers? Why, the private stockowners of the central banks. Of course, the price of gold was knocked down in the dumping of the gold. We get inflation, and these guys get the gold at a reduced price. And the global markets survive mostly intact to continue their bubble.

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