Chris Powell - Central Banks Will Be Forced to Revalue Gold Upwards
SBTV spoke with Chris Powell, Secretary/Treasurer of the Gold Anti-Trust Action Committee (GATA), about the evidence that central banks can only slow down the rise of gold and why they will be forced to announce an upward revaluation of the gold price.
Discussed in this interview:
01:47 Prosecuting traders for rigging the gold price
06:54 How spoofing works and its impact
13:12 Does the gold market need more regulations?
17:47 Government's interest in suppressing gold
25:40 Basel III's impact on the gold market
29:36 What's with the string of Fed resignations?
34:26 Revaluation of the gold price
38:40 US repeating Germany's WWII currency manipulation
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