To what extent are central banks successful in suppressing the gold price?
Market Manipulation Explained: The Gold Market by #ChrisPowell, Secretary/Treasurer and Director @ GATA.ORG
In today’s episode Chris explains how #Centralbanks #intervention affect #GoldPrices. He believes now-a-days central banks are #intervening primarily through the futures markets and through gold leasing and gold swaps with the bullion banks.
He also shares to what extend #Centralbanks are successful in suppressing the gold price and believes that there are no markets anymore, just #intervention!
Chris agrees that not only are the markets manipulated but also that there is manipulation in the information, and he believes that the systems are comprehensively corrupt these days.
He also shares what the future holds for GATA and if you want to know more visit: https://www.gata.org/