VANCOUVER ( Bullions Bull Canada) -- When markets are manipulated, especially markets for physical goods, imbalances are created. The longer the manipulation continues and/or the more extreme the degree of manipulation, the larger the resultant imbalance.The media continue to attempt to describe the large gold deficit that exists in India as a "current account deficit" -- i.e. a currency deficit. Gold is a currency. It is and always has been regarded as such by our governments and the international cabal of private banks (the "central banks") that are allowed to control/operate our monetary systems. As a matter of the most elementary logic, it is impossible for one to create a "currency deficit" when you are simply swapping one currency for another. If we were to trade McIntosh apples for Delicious apples, we could not end up with "an apple deficit." So all these media reports of a "current account deficit" for India are a clumsy sham. India has a large gold deficit. Period. Why does India have a large gold deficit? Why does this worry the Financial Oligarchs to such a great degree that they not only continue to obsess about it in their own, media propaganda machine but feel compelled to lie about the situation? Most important, why do these same oligarchs believe they can fix/solve this gold deficit through selling "paper gold"? There is only one possible explanation for the large, persistent gold deficit in India: the underpricing of gold versus its own paper currency. Understand that Indians are not only renowned as the biggest consumers of gold, but also the most-shrewd buyers with respect to price. In short, India's "gold deficit" could be solved tomorrow, with no financial contortions (or fraud) of any kind, simply through a substantial increase in the price of gold (to its fair market value). In fact, this is the most elementary principle in our (supposedly) free/open markets: Whenever a supply/demand imbalance exists -- in this case gold currency versus paper currency -- price rises for the good in short supply to whatever level is necessary to restore equilibrium in that market.