With all sorts of fireworks going off in key global markets, today one of the legends in the business spoke with King World News about the ongoing war in the gold and silver markets, and the fact that the Western paper scheme is now set to collapse. Keith Barron, who consults with major companies around the world and is responsible for one of the largest gold discoveries in the last quarter century, also spoke about the psychological war that is going on in key markets. Below is what Barron had to say in his powerful interview.

Barron: “As I said in my KWN interview on August 29th, events in the Middle East haven’t moved the gold and silver prices. I told you that the mainstream media was trying explain the lift in gold prices as related to the Middle East, and their message was patently false.

Now they are using this reprieve in Syria as an excuse to smash gold and silver prices....

“Looking back, you can see how they paint the setup ahead of time. We also know there are powerful forces out there that have a vested interest in making sure the gold and silver prices remain subdued. We can especially see this Western interference in a country like India. They have put in the most punitive taxes on gold buying in that country, and all of this is because the West really controls India, not their puppet leaders.

But this type of thing is happening everywhere. Nobody in power in the West wants to see people deserting paper assets for precious metals. So whenever there is talk about gold being a ‘safe haven,’ they go out of their way to smash the price as quickly as possible.”

Eric King: “Today, John Embry told KWN that Western central planners were involved in ‘psychological warfare’ against gold and silver investors. He also pointed out the fact that the mainstream media is used in this war. Essentially, as the West is headed down this path of destruction, it’s a game of propaganda and attempting to fool the people into believing everything is OK.”

Barron: “The last thing the West wants is a situation like you have in India where it starts to mess with a country’s balance of payments. You can just imagine what would happen if this began to take place in any European country or in North America.

So, it’s absolutely as John Embry says. It’s not just a psychological war, it’s a real war. They mobilize paper gold selling in order to smash the price when they can and when they see there are moments of weakness, and then they trot out their people onto the mainstream media to bash and discredit gold. They are desperate, and they certainly don’t want people to flee out of paper and into gold and silver.

The fact is that we have had 12 straight years where gold price has finished positive, and certainly the Western central banks don’t want to see that type of action. But how are Western central planners going to defeat the entire gold buying populace of China and India, as well as the rest of the Asian countries, when it is an intrinsic part of their culture (to buy physical gold)?

They are not looking at this as a means of investment or retirement. Gold buying is literally ingrained in their culture. As an example, there are a seemingly infinite amount of Indian families who would part with every other asset they have before they would ever touch their accumulated gold. This is why Western central planners will be overrun and the Western paper scheme will collapse on itself.”

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/9/10_Despite_Psychological_War,_Western_Paper_Scheme_To_Collapse.html

West Now Engaging In Psychological Warfare As It Implodes

In the wake of the news regarding Syria, and the subsequent price action in gold, silver and major stock markets, today a man who has been involved in the financial markets for 50 years warned King World News that Western central planners are engaged in “psychological warfare” in key markets, and they now have the West headed “on a path to destruction.”

This is another one of John Embry’s most powerful interviews ever as he takes KWN readers around the world on a trip down the rabbit hole once again.

Embry: “The big news of the day is the fact they appear to have averted the Syrian war. The last thing the world needed was another war in the Middle East. But the central planners are using this as a cover to pound gold and silver, and lift the U.S. stock market.

Over the past 20 years, when the gold suppression scheme has been in high gear, gold has never done well in the wake of a geopolitical event. Central planners suppress it when the flare-up is going on, and then they pound it after it’s over....

Continue reading the John Embry interview below...

“There seems to be a pretty aggressive plan afoot here to make sure they can keep the Dow over 15,000, and keep gold and silver under $1,400 and $24 respectively. And they use these so-called news events as cover for their operations in key markets.

But even when the news event is going against them they are suppressing gold and silver. Then, when they get a better news backdrop, they become more aggressive in pounding gold and silver and lifting the Dow. All this is doing is delaying the inevitable. The longer they do this, the more extreme the risk becomes for those in financial assets, and the greater the opportunity is for those in gold and silver.

But having said that, it is frustrating, and a lot of people are now giving up. I was speaking to several of my friends in the space this morning and they are really upset because a lot of people are being driven out of the gold and silver markets by this price action, which is purely manufactured.

The fact is that gold and silver never rallied much on the recent escalation in Syria. There was a very small lift to the metals as things started to heat up, but the reality is that gold crept briefly over $1,400, and was then it was violently suppressed the entire time there was the threat of war in Syria. Then, as soon as the war appears to be off the table, they use that as cover to take prices much lower.

So this is just business as usual. There was a lot of enthusiasm about what was going to happen to gold and silver prices after the summer, as we moved into the fall. I strongly believe that it will be a fabulous rest of the year for the metals, but the central planners wanted to strike early to put fear into people’s minds about the price action in gold and silver. This may work in the short-term, and discourage people from entering the sector, but it won’t make one bit of difference regarding the ultimate outcome, and that is gold and silver prices are headed spectacularly higher in the next year.

The major factor behind the dramatically higher move in gold and silver prices is quite simply debasement of currencies, and impairment of the financial system. None of this has been solved, and in fact it is actually getting worse as we speak. The fundamental trends generally don’t change much once they are established. And in this instance the fundamentals have us on a path to destruction. This is a path that really can’t be reversed.

Consequently, what happens is that central planners try to manage the psychology around these fundamentals by attempting to convince people that things are getting better. The reality is they aren’t better, but somehow the propaganda and subsequent price action seems to have an impact on what people believe. I can promise you this is nothing more than psychological war games they are using to manipulate people’s thought patterns.

The real problem the central planners have here is that the people who buy physical gold and silver are incredibly resilient when it comes to these attempts at psychological warfare by the central planners, which use the mainstream media as a weapon in the war, and so they just continue to buy more physical metal as the prices are taken lower.

What I am saying is these manipulations have been incredibly destructive for the central planners, but they are desperately trying to save face here. Well, guess what? At some point they are going to get overrun, and that surrender is going to be a breathtaking sight to behold in terms of the subsequent gold and silver price action.

For all of those gold and silver investors that can stop the psychological warfare from causing them to react emotionally, and simply use these pullbacks to add to positions, they are going to benefit from what will literally be the greatest wealth transfer in the history of the world.”

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/9/10_West_Now_Engaging_In_Psychological_Warfare_%26_As_It_Implodes.html