Is China manipulating the gold market?

Hedge fund, PhD statistician claims gold market is ‘the most blatant case of manipulation’ PhD: ‘Statistically impossible unless there’s manipulation occurring’ Gold serves as political chips on the world’s financial stage. Price is being suppressed until China gets the gold that they need Gold will go higher when all central banks ‘confront the next global liquidity crisis’ ‘When that happens, physical gold may not be available at all.’ Jim Rickards: The Golden Conspiracy
Is there gold price manipulation going on? Absolutely. There’s no question about it. That’s not just an opinion.
There is statistical evidence piling up to make the case, in addition to anecdotal evidence and forensic evidence. The evidence is very clear, in fact.
These are the opening lines of Jim Rickards’ piece ‘The Golden Conspiracy’, an op-ed that may surprise even the most seasoned followers of gold markets.
Gold and silver price manipulation is not a new topic to regular readers. For years the idea that precious metals markets are subject to more than just free market forces has been dismissed by the mainstream. Many have referred to gold and silver manipulation as topic fodder for the conspiracy and deep web forums. This is despite evidence to the contrary.

This post was published at Gold Core on May 31, 2017.