Former Assistance Secretary of the Treasury Dr. Paul Craig Roberts spoke with Eric King of King World News on May 6, and reiterated his long-standing belief that the economy is and has been far worse off than the manipulated economic data is showing. And that this manipulation goes well into the realm of gold suppression, where if bullion banks working in league with the Federal Reserve were to end their manipulation of gold, the price would explode to $5000 per ounce or higher.
Dr. Paul Craig Roberts: “It’s entirely possible that if the Fed was not manipulating bullion prices, and if people realized the dire straits of the situation — that the Fed has created something like $4 trillion during a period in which the U.S. real GDP did not grow commensurately, such that the dollar is essentially devalued — then more people would want to own gold.
And if the price wasn’t sat on by the bullion banks, then the gold price would explode. It could go to $5,000. The price of gold could go beyond $5,000… - King World News