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GoldCore's Dave Russell asks GATA secretary: Are central banks any good at gold suppression?
From GoldCore, Dublin, Ireland
Tuesday, March 30, 2021
https://news.goldcore.com/market-manipulation-explained-in-gold-market/
Chris Powell is a director of GATA, the Gold Anti-Trust Action Committee. Formed in 1998, GATA’s mission is to expose, oppose, and litigate against collusion to control the price and supply of gold and related financial instruments.
In today’s episode of GoldCore TV, Chris speaks with Dave Russell about the practicalities of central bank intervention and whether it has had any real impact on the gold price over the long term.
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With a 9.25% annual return in U.S. dollars since 1998 despite central bank intervention, gold has been one of the best-performing assets, outperforming official inflation figures over the same period. So, we ask, are central banks actually any good at suppressing the gold price?
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