Central Banks Aren’t Out of the Gold Market Rigging Business Yet
4 Articles
4 Articles
Central banks aren’t out of the gold market rigging business yet
by Chris Powell, Gold Seek: While central banks lately have seemed to be losing their decades-long war against gold, or even coming over to the gold side, they are still secretly intervening in the market for purposes they won’t explain. That conclusion has to be drawn from the latest report from Robert Lambourne, GATA’s consultant […]
Central Banks Aren’t Out of the Gold Market Rigging Business Yet
by Chris Powell GoldSeek While central banks lately have seemed to be losing their decades-long war against gold, or even coming over to the gold side, they are still secretly intervening in the market for purposes they won’t explain. That conclusion has to be drawn from the latest report from Robert Lambourne, GATA’s consultant on the Bank for International Settlements. Lambourne said Friday that the May statement of account from the BIS, publi…
Central banks aren't out of the gold market rigging business yet
Central banks aren't out of the gold market rigging business yet Central banks still may want to moderate gold's ascent and prevent what they may consider terrible accidents - that is, price spikes showing the possibility of free markets as CBs lose control after decades of unfettered money and credit creation. Chris Powell Sun, 06/08/2025
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