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Rickards, Roberts say gold market rigging is likely
11:27a ET Friday, December 20, 2013
Dear Friend of GATA and Gold:
Geopolitical strategist and fund manager James G. Rickards this week tells the Finance News Network that central bank intervention probably is a factor in the decline of the gold price. "We know that this goes on," Rickards says. "This is not speculation. It is actually disclosed in certain ways."
Rickards adds that China now has the most motive to hold the gold price down, since it wants to acquire much more metal.
The interview is posted here:
http://www.finnewsnetwork.com.au/archives/finance_news_network25563.html
And former Assistant U.S. Treasury Secretary Paul Craig Roberts, interviewed by Lars Schall for the German Internet site Metallwoche, says the Federal Reserve and Exchange Stabilization Fund have the motive and means to rig the gold market:
http://www.metallwoche.de/metallwoche-international-paul-craig-roberts-e...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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