Peter Mooslechner, the executive director for Austria’s central bank, said that central banks in Asia are increasing their reserves so they can intervene in markets and, thereby, control market prices. [This is significant at three levels: (1) Market-price manipulation is what we can expect from the growing reserves in China’s central bank, (2) central-bank intervention in market prices is an accepted global practice, and (3) there is no reason to believe that the Federal Reserve, which is the pace-setter for all central banks, would refrain from this practice. In other words, it is further confirmation of the assertion that the Fed is at the center of manipulating US market prices in gold, the stock market, and real estate.] GATA 2015 Oct 29
http://gata.org/node/15898