by Chris Powell, GATA:
Dear Friend of GATA and Gold:
Geopolitical strategist and fund manager James G. Rickards this week tells the Finance News Network that central bank intervention probably is a factor in the decline of the gold price. “We know that this goes on,” Rickards says. “This is not speculation. It is actually disclosed in certain ways.”
Rickards adds that China now has the most motive to hold the gold price down, since it wants to acquire much more metal.
The interview is posted here:
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