Chapter 86 7. Level 1 alert: Rothschild withdrew from gold pricing in 2004

The power source and final form of all hegemony are reflected in pricing power. Through the process of controlling prices, we can achieve a wealth distribution method that is beneficial to ourselves and not conducive to others.The struggle for pricing power is as fierce as the battle for the throne, full of scheming and deceit. Prices rarely arise naturally in the process of equal, free and reasonable market operations. The party with the advantage has always used all means to ensure its own interests. , which has no essential difference from war. Discussing the price issue must use the thinking of studying wars and war cases to get close to the truth of the matter.Setting prices, overturning prices, distorting prices, and manipulating prices are all the results of repeated fierce competitions between various parties. Without human factors as a reference background, it is impossible to understand the trajectory of price formation.

It is easier for people to understand why some people sit in the position of the boss and give orders, while most people can only obey, because everything has a deep feeling.But the boss's boss indirectly controls the people by controlling the boss, which is not so clear and intuitive. The higher the chain of power, the fewer people there are.The same is true for the acquisition of pricing power. Controlling the price of a commodity has always been a top-down behavior. As far as gold is concerned, whoever controls the world's largest gold dealer controls the price of gold.The so-called control means that traders actively or passively accept the arrangements of the upper-level power for profit or under pressure.

It has been nearly 200 years since the Rothschild family seized the gold pricing power in one fell swoop in the Napoleonic Wars in 1815.The modern gold pricing system was established on September 12, 1919. When representatives of five major financial groups gathered at the Rothschild Bank, the price of gold was set at four pounds, eighteen shillings and nine pence. , about seven.five dollars.Although it was quoted in U.S. dollars in 1968, its mode of operation has remained largely unchanged.In addition to the Rothschild family, representatives who participated in the first gold price setting included Mocatta & Goldsmid, Pixley & Abell, Samuel Montagu & Co., and Sharps Wilkins.The Rothschilds then became permanent chairmen and conveners.From this day on, five representatives met twice a day at the Rothschild Bank to discuss the delivery price of physical gold.The chairman suggested an opening price, and the price was sent to the trading room immediately by telephone. The chairman then asked who wanted to buy or sell how many standard gold bars of 400 ounces, and what the quantity was. finalized.

This gold pricing system has been in operation until 2004. On April 14, 2004, the Rothschild family suddenly announced their withdrawal from the London gold pricing system. This earth-shattering news immediately shocked investors all over the world.David.Rothschild explained: Our revenue from trading in the London commodity market (including gold) has fallen to less than 1% of our total business revenue in the past five years. From a strategic analysis point of view, (gold trading) is no longer our business. core business, so we chose to exit this market. The British "Financial Times" immediately echoed this statement loudly on April 16. As Keynes said, this barbaric relic (gold) is entering the dust of history.When we saw that the venerable Rothschild family withdrew from the gold market, and even the Bank of France, known as the most die-hard gold bug, had to weigh its gold reserves, gold as an investment product is getting closer to its end .

Coincidentally, AIG Group, the big brother of the silver trading market, announced its withdrawal from the silver market pricing on June 1, and voluntarily downgraded to an ordinary trader. These two things are strange from the inside out. Is the Rothschild family really bearish on gold?If this is the case, why not quit when the price of gold fell to the lowest point in history in 1999, but wash their hands in 2004, when gold and silver are in full swing? Another possibility is that the price of gold and silver will eventually get out of control. Once the conspiracy to control the price of gold and silver is revealed, those who manipulate the price will become the public enemy of the world.Put aside any relationship with gold early, if ten years later, the price of gold and silver really has a big problem, no one can blame the Rothschild family.

Don't forget that the Rothschild family not only used to have but also still has the most well-organized and most efficient strategic intelligence network in the world. They have information resources that ordinary people cannot see.Foresight, coupled with huge financial resources, and efficient collection and analysis of information have made them almost control the fate of the entire world in the past two hundred years. It is rather unusual for them to suddenly announce their exit from the core family business that has been painstakingly managed for more than 200 years.