Gold Manipulation – A History Lesson

Gold Manipulation - A History Lesson

By Chris Temple – Editor/Publisher

The National Investor

(From the Feb. 20, 2018 Issue)

From time to time I clarify my own position--and provide some common sense and history--to address a well-flogged story line (actually a MYTH today) that the gold price is "suppressed." In the below excerpt from the latest issue of The National Investor I remind folks that--a scant 20 years or so ago--the gold price (though ostensibly market-driven) was, in fact, a quasi-fixed one. Part of the transition to a different "world" for gold, though, DID involve an episode of frantic gold price suppression by the Fed; a story also on the front page of this web site separately. In the below, though, I go into that back drop leading up to the short squeeze on gold in late 1999; and reiterate the reasons why anyone today claiming "suppression" of gold should not be taken seriously.
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Gold Manipulation follies -- From the Feb. 20, 2018 Issue

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