Chris Powell, Secretary & Treasurer of the Gold Anti-Trust Action Committee says central banks are manipulating gold markets as they are interested in supporting goverment bonds and keeping interest rates low. He says there is a historic relationship between the price of gold and real interest rate levels.
Friday, June 22, 2012
GATA - Manipulation in Gold Markets
THU 21 JUN 12 | 09:40 PM ET
Chris Powell, Secretary & Treasurer of the Gold Anti-Trust Action Committee says central banks are manipulating gold markets as they are interested in supporting goverment bonds and keeping interest rates low. He says there is a historic relationship between the price of gold and real interest rate levels.
Chris Powell, Secretary & Treasurer of the Gold Anti-Trust Action Committee says central banks are manipulating gold markets as they are interested in supporting goverment bonds and keeping interest rates low. He says there is a historic relationship between the price of gold and real interest rate levels.
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