Stewart Thompson of the Graceland Updates letter writes this week that since "quantitative easing" has failed to revive the world economy, central banks increasingly will resort to gold revaluation -- that is, revaluing gold upward -- as the next tool of currency debasement. Of course this is what the United States did in 1933 -- openly but brutally, confiscating the gold money of its citizens, or trying to confiscate it anyway. Today's gold revaluation, if it is indeed under way, is surreptitious market rigging through intermediaries, agents of central bank policy whose reward for being such agents is foreknowledge of policy and the ability to front-run it for their own accounts. It's still totalitarianism. Thompson's commentary is headlined "Gold Revaluation and Seasonals" and you can find it at GoldSeek here:

http://news.goldseek.com/GoldSeek/1306245267.php