The gold cartel : government intervention in gold, the mega-bubble in paper, and what this means for your future /
Dimitri Speck ; translated by Heinz Blasnik.
- xix, 302 pages : illustrations ; 24 cm
Translation of: Geheime Goldpolitik.
Includes bibliographical references and index.
Why gold? -- The crises of the 1990s -- The strange behaviour of gold during crises -- The strange intraday behaviour of gold -- The first statistical studies -- Statistical proof and dating of gold interventions -- Intraday movements of the gold price 1986-2012 -- Gold is different -- Means of gold market intervention I : sales -- Means of gold intervention II : gold lending -- The gold carry trade -- Coordination of private banks and central banks -- Giving the game away : central bankers are human beings too -- The books are silent -- The miraculous gold multiplication -- How much gold is on loan worldwide? -- Means of gold intervention III : intervention through the futures market -- The gold pool and other gold market interventions before 1993 -- 5 August 1993, 8.27 a.m. EST : the beginning of systematic gold market interventions -- The decisive Fed meeting -- Greenspan ponders gold market interventions -- Phases of gold price suppression -- Shock and awe -- The financial market crisis of 2008 and the Euro crisis of 2011 -- Strong dollar and weak mining stocks -- Interventions in the silver market -- Swapped Bundesbank gold and other mysteries -- Who intervenes? -- The mystery of 18 May 2001, 12.31 -- The effects of gold price suppression -- The wonderful world of bubbles -- Have many mini-bubbles created a mega-bubble? -- Money or credit? -- Possible scenarios for the future -- Back to gold.
9781137286420 (cloth) 1137286423 (cloth)
60001846398
2013427622
016453859 Uk
Gold--Economic aspects. Gold--Prices--Government policy. Banks and banking, Central. Financial crises. Oro--Aspectos económicos. Oro--Precios--Política del Gobierno. Crisis financieras. 20150900.