[Money Metals ]
Home » 2017 » July » 10

Well now, without further delay, let’s get right to this week’s exclusive interview.

Chris Powell

Mike Gleason: It is my privilege now to welcome in Chris Powell, Secretary-Treasurer at the Gold Antitrust Action Committee, also known as GATA. Chris is a long-time journalist and hard money advocate, and through his tireless efforts at GATA he is working to expose the manipulation of the gold and silver markets. Through GATA's work over the years. Some important revelations have come to light, which quite honestly should concern everyone.

It's great to have him back on with us. Chris, how are you, and thanks for taking the time to talk with us today.

Chris Powell: Great to be with you Mike.

Mike Gleason: Well ... Read more »

Views: 90 | Added by: moneymetals | Date: 17/07/10

The biggest frustration to many precious metals investors, is why have the gold and silver prices under-performed the market since 2011? Actually, for gold it was since 2012. Even though gold hit a new record high of $1,900 in September 2011, its average annual price was higher in 2012 at $1,669 compared to $1,571 the prior year.

Regardless, the precious metals analysts back in 2012 were forecasting the market was going to experience even higher gold and silver prices, especially after the Fed announced QE 3 at the end of 2012. However, the precious metals community was taken by surprise as the gold and silver prices were hammered at the end of 2012 and into the beginning of 2013:

Gold Continuous Contract - July 3 2017

During this period, the gold price fell 30% and the silver price declined nearly 50%. Did something fundamental change in the markets for inv ... Read more »

Views: 72 | Added by: moneymetals | Date: 17/07/10