The Tiger and the Tightrope

Alex Wallenwein

After years of official denials and ridiculing so-called 'conspiracy theorists', Citigroup now openly admits to gold price manipulation among central banks. Adrian Ash at the Daily Reckoning lays it out perfectly.

It's not like mainstream financial manipulators, analysts, reporters and news outlets don't know what's really going on in world finance. It's not like they have no clue that Austrian or free-market economics is really the most accurate and true to life perspective on economic interaction. The real problem is that it is not usually in their best interest to admit these things.

So why are they admitting them now? →