Gold Price Manipulation Happening Now More Than Ever? - Frank Holmes

There’s something off in the gold market. This according to U.S. Global Investors CEO Frank Holmes, who told Kitco News he thinks the price just “doesn’t make sense.”“Governments and central banks are manipulating interest rates, it’s very evident,” he said following the release of the latest Federal Open Market Committee minutes Wednesday. “They move interest rates around so there’s no doubt they can do this with gold.” Holmes added that manipulation — or “price suppression” — would be a way to explain why the yellow metal has been unable to hold on to recent rallies. “It’s amazing that it is what it is.” (show less)

There’s something off in the gold market. This according to U.S. Global Investors CEO Frank Holmes, who told Kitco News he thinks the price just “doesn’t make sense.”“Governments and central banks are manipulating interest rates, it’s very evident,” he said following the release of the latest Federal Open Market Committee minutes Wednesday. “They move interest rates around so there’s no doubt they can do this with gold.” Holmes added that manipulation — or “price ... (read more)

 
 
Gold Game Film

Gold Game Film
Gold Game Film features the founder of US Global Investors, Frank Holmes as he highlights play-by-play action in the gold market. Melding sports and precious metals, Holmes comments on gold’s touchdown pass of the week. Holmes also reflects on the opportunities and threats he sees for the gold market. Tune in every week to hear from our Monday Morning Quarterback, Frank Holmes.

 

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