Gold Price Manipulation Happening Now More Than Ever? – Frank Holmes (Video)
Gold Price Manipulation Happening Now More Than Ever? – Frank Holmes Video – KitCo News
TDC Note – But, but, but, Danielle, didn’t Jeff Christian just tell you right to your face that precious metals manipulation was nonsense and anyone that believe that was an idiot and you didn’t question it? So, when do you push back?
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.”