PART TWO: There is No Such Thing as a Free Market
THE MATTERHORN INTERVIEW - 16 July 2013 Special with F. William Engdahl
On behalf of Matterhorn Asset Management / GoldSwitzerland, financial journalist Lars Schall met economic researcher and geopolitical analyst F. William Engdahl for a special video-interview series in three parts. In the second part, "There is No Such Thing as a Free Market," they talk about, inter alia: the managed nature of the precious metal markets; the naked short selling in the paper gold and silver markets; the rising gold stocks in vaults in China; the declining gold stocks in Western vaults; and the long-term perspectives for both physical gold and silver.
By Lars Schall
Mr. Engdahl addresses the demand for physical precious metals coming from Asia / Eurasia. The genuine market trend, he says, is that the central banks in that region -- in particular the central bank of China -- will continue to buy gold in increasing amounts. Moreover, Engdahl talks about the gold reserves of the Western central banks, especially those of Germany and the U.S. Asked about his long-term expectations for gold, he states that he is "enormously optimistic".
F. William Engdahl, born 1944 in Minneapolis, U.S.A., is an American-German journalist, historian, economic researcher, geopolitical analyst, book author, and publicist. He grew up in Texas, and after earning a degree from Princeton University in engineering and jurisprudence in 1966, and graduate study in comparative economics at the University of Stockholm from 1969 to 1970, he worked as an economist and free-lance journalist in New York City and in Europe. His major topic of research is the geopolitics of oil. In addition to discussing oil and energy issues, he has written on issues of agriculture, GATT, WTO, IMF, global politics and economics for more than 35 years, beginning with the first oil shock and world grain crisis in the early 1970′s.
He is the author of the international best-selling book on oil and geopolitics, "Century of War: Anglo-American Oil Politics and the New World Order," published 1992, revised 2004 (Pluto Press, London). Furthermore, Mr. Engdahl has written the following books:
-"Seeds of Destruction: The Hidden Agenda of GMO", Centre for Research on Globalization Publishing, 2007;
- "Full Spectrum Dominance: Totalitarian Democracy in the New World Order", Third Millennium Press, 2009;
- "Gods of Money: Wall Street and the Death of the American Century", edition.engdahl, 2010;
- "Myths, Lies and Oil Wars", edition.engdahl, 2012.
Mr. Engdahl belongs to the more widely discussed analysts of current political and economic developments, and his provocative articles and analyses have appeared in numerous newspapers and magazines and well-known international websites on economics and political affairs. Moreover, he is an Associate Editor and Research Associate of Michel Chossudovsky's Centre for Research on Globalization (www.globalresearch.ca). He has also spoken at numerous international conferences on geopolitical, economic and energy subjects, and is active as a consulting economist.
F. William Engdahl lives in Germany and may be reached via his website www.engdahl.oilgeopolitics.net.
