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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 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.Disclaimer: The content on this website, including, without limitation, news, videos, interviews and commentaries, is provided by Kitco Metals Inc. ("Kitco") for informational purposes only and is not intended as any form of advice, whether legal, accounting, investment, financial or tax advice. Therefore, it cannot be relied upon as such. Should you require such advice, contact a licensed professional. The content provided herein is provided on an "as is" basis without any warranty of any kind, whether express or implied and your use of the information provided in said content is entirely at your own risk. In no event will Kitco be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content on this website.
