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Gold price fall is a 'feint' by central banks to cover their own purchases, Piepenburg says
9:24a ET Friday, July 17, 2026
Dear Friend of GATA and Gold:
Von Greyerz Gold Switzerland partner Matthew Piepenburg, commenting this week during Rick Rule's Symposium in Boca Raton, Florida, says governments and central banks have engineered the recent decline in gold prices to facilitate their own urgent acquisition of metal amid a "sea change" in the world's financial system. The price decline, Piepenburg says, is actually just a "feint," a strategic distraction.
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Gold, Piepenburg says, is becoming the financial system's crucial collateral as currency debasement increases, government debt loses trust, and the currency war between the West and East intensifies.
His comments can be found in a 10-minute interview on the GoldSwitzerland channel at YouTube here:
https://www.youtube.com/watch?v=Hdaiy7ZOhTI
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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