The Goldcast

The Goldcast

Podcast by The Goldcast

Episodes

  1. Goldcast #5 - Chris Powell: The Big Picture of Central Bank Gold Price Manipulation

    07/27/2020

    Goldcast #5 - Chris Powell: The Big Picture of Central Bank Gold Price Manipulation

    Chris Powell is a professional Journalist and Secretary/Treasurer of the Gold Anti-trust Action Committee: http://www.gata.org In this Episode Chris and I cover the full story of central bank intervention in Gold price throughout history and the importance this has had in maintaining fiat currency value. Support GATA's work: http://www.gata.org/node/16 0:00 How Chris came to this subject and why he started GATA 5:05 History of the London Gold Pool & Bretton Woods 9:12 What is the Gold Reserve Act and what rights does it give to the Treasury Dpt. and the Exchange Stabilization Fund to trade gold? 10:29 FOIA documents, Fed response to GATA, and lack of transparency 13:57 What percentage of LBMA and gold “physical” markets, and also future markets are owned by central banks? 18:08 Central bank reserves and leasing of gold 21:00 Importance of Gold price in the global economy 26:31 Who is likely behind JP Morgans silver positions? 28:45 US DOJ Investigation into JP Morgan price manipulation 33:25 What is the Bank for International settlements and what is their involvement in the gold market? 37:05 Unprecedented huge volumes of gold futures contracts being taken for delivery on futures exchanges 39:29 Role of Gold in West vs. BRICS currency wars 45:27 Historical and potential future gold revaluation by central banks to ease debt 50:30 Historical and potential future gold taxes or confiscation 56:35 Effects of increasings public awareness of gold Resources: https://en.wikipedia.org/wiki/London_Gold_Pool https://www.ft.com/content/2d7be5a6-d87a-11e9-8f9b-77216ebe1f17 https://en.wikipedia.org/wiki/Bank_for_International_Settlements http://www.gata.org/node/14839

    1h 1m

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Podcast by The Goldcast