Will Basel III Lead to Honest Gold Price Discovery? | |
Alasdair Macleod, Michael Oliver and Dr. Quinton Hennigh return. Bullion banks and central banks have controlled the rise in gold prices through the application of newly-printed money to create fake supply and allow nearly infinite leverage in the gold market, relative to unencumbered physical supply. With banks front running profits through paper market gold price manipulation, why would the Bank for International Settlement (the bankers’ banker) lay down regulations under Basel III that will cause those profitable gold price suppression activities to cease? We explore the underlying economic and geopolitical dynamics triggering those regulatory changes with Alasdair and seek his opinion for what that will mean for the price of gold and other related markets. Michael provides his latest momentum and structural readings on gold and other key markets and Quinton updates us on Novo Resources, which Bob Moriarty believes is onto “the greatest gold discovery in history.” | | |
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