[GoldCore TV] Are Central Banks Suppressing the Gold Price?

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.

With a 9.25% annual return (US Dollar) 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?

Watch the video to know more…

Don’t forget to “Like” and share this video and to ensure that you are alerted each time we upload new videos to YouTube, click the subscribe button and hit the notifications bell too!

Watch David Brady on GoldCore TV

GOLD PRICES (USD, GBP & EUR – AM/ PM LBMA Fix)

29-03-2021 1723.95 1705.95 1247.62 1235.79 1464.15 1448.52
26-03-2021 1727.85 1731.80 1253.56 1254.86 1465.91 1469.09
25-03-2021 1729.20 1737.30 1260.07 1266.67 1463.94 1472.71
24-03-2021 1734.05 1730.50 1264.12 1261.36 1466.14 1462.79
23-03-2021 1739.25 1726.20 1264.26 1251.50 1462.36 1454.15
22-03-2021 1733.40 1736.15 1251.34 1254.89 1455.54 1456.11
19-03-2021 1737.20 1735.20 1246.79 1252.47 1460.12 1459.82
18-03-2021 1734.10 1725.90 1241.44 1239.37 1452.66 1448.03
17-03-2021 1736.95 1729.65 1248.35 1246.56 1458.00 1452.56
16-03-2021 1732.30 1735.00 1251.93 1249.20 1450.63 1457.23

Buy gold coins and bars and store them in the safest vaults in Switzerland, London or Singapore with GoldCore.

Learn why Switzerland remains a safe-haven jurisdiction for owning precious metals. Access Our Most Popular Guide, the Essential Guide to Storing Gold in Switzerland here

Receive Our Award Winning Market Updates In Your Inbox – Sign Up Here

Stephen Flood

Stephen Flood is the CEO of GoldCore. He is a former Wall Street equity trader and FinTech expert. He has been involved in the precious metals markets since 2004 and has appeared as an expert contributor on CNBC, CNN, BBC, RTE & Bloomberg TV and has had articles published in the Irish Times, Irish Independent and The Sunday Business Post.

Also on news-goldcore-com

Videos

Are We In A Financial Bubble? Peter Grandich Interview

Marc Faber Interview 2021: Don’t Sell Your Gold

Buy Physical Silver Now- Gary Savage

Blog posts

Central Banking Is A Joke, And You Are The Punchline

British Prime Minister Boris Johnson gets paid less than Canadian Prime Minister Justin Trudeau. Each of them is getting less salary than US President Joe Biden’s US$400,000. Why do we want you to know this?  Because each is paid well enough already. And each of them holds a job that contains implied fiduciary duties to […]

READ MORE

Gold Leads the Way for Silver

Gold leads the way Last week we wrote about the gold to silver ratio. Our points were that it measures the price of one metal against the other, just as we use the dollars per ounce to measure daily metals prices, and just as we use ounces per Corvette to measure purchasing power preservation. Also, […]

READ MORE

Gold, Stocks & Commodities- A Complicated Correlation

In our July 29 post titled How Gold Stacks Up Against Stocks, Property, Commodities and Big Macs! we showed readers charts of gold as a ratio to other assets and products. We discussed that gold competes with crypto and stocks for the investment dollars. It was clear that gold as a ratio of the S&P […]

READ MORE

Featured

How High is Too High for Rising Government Bond Yields?

READ MORE

Gold, the Tried-and-True Inflation Hedge for What’s Coming!

READ MORE

Silver – 7 Reasons it is Still Set to Soar

READ MORE
Newsletter
Category
Archives
Popular

No posts available

Videos

Are We In A Financial Bubble? Peter Grandich Interview

Marc Faber Interview 2021: Don’t Sell Your Gold

Buy Physical Silver Now- Gary Savage

Blog posts

Central Banking Is A Joke, And You Are The Punchline

British Prime Minister Boris Johnson gets paid less than Canadian Prime Minister Justin Trudeau. Each of them is getting less salary than US President Joe Biden’s US$400,000. Why do we want you to know this?  Because each is paid well enough already. And each of them holds a job that contains implied fiduciary duties to […]

READ MORE

Gold Leads the Way for Silver

Gold leads the way Last week we wrote about the gold to silver ratio. Our points were that it measures the price of one metal against the other, just as we use the dollars per ounce to measure daily metals prices, and just as we use ounces per Corvette to measure purchasing power preservation. Also, […]

READ MORE

Gold, Stocks & Commodities- A Complicated Correlation

In our July 29 post titled How Gold Stacks Up Against Stocks, Property, Commodities and Big Macs! we showed readers charts of gold as a ratio to other assets and products. We discussed that gold competes with crypto and stocks for the investment dollars. It was clear that gold as a ratio of the S&P […]

READ MORE

Featured

How High is Too High for Rising Government Bond Yields?

READ MORE

Gold, the Tried-and-True Inflation Hedge for What’s Coming!

READ MORE

Silver – 7 Reasons it is Still Set to Soar

READ MORE