sprottmoney.com / By Nico Simons / June 15, 2017
Is the CIA involved with the world gold market?
About the CIA (1)
The Central Intelligence Agency (CIA) was established by the National Security Act of 1947 as an independent agency under the direction of the National Security Council. Its principal mission was to “correlate and evaluate intelligence (from around the world) relating to the national security, and provide for the appropriate dissemination of such intelligence within the Government.”
One of the main objectives in creating the CIA was to prevent a repeat of the Pearl Harbor intelligence failure where bits of information that might have provided warning of the Japanese attack were not woven together as they should have been. The National Security Act permitted departments and agencies to continue to collect and disseminate “departmental” intelligence, but CIA was given the responsibility for coordinating and evaluating all intelligence relevant to more than one department of agency.
Unlike the Federal Bureau of Intelligence (FBI), which is a domestic security service, the CIA has no law enforcement function and is mainly focused on overseas intelligence gathering, with only limited domestic intelligence collection.
The involvement of the CIA with the world gold market emerges clearly out of recent declassified documents. The first document we describe is the most important. This document makes the connection between losing influence in world affairs and the price of gold. The information of the CIA about the world gold market seems to be mostly on a strategic level, like
- lose influence world affairs and gold
- controlled sell and buy official gold