Mining entrepreneur Frank Giustra, interviewed today by Kitco News' Daniella Cambone, repeats his observation, made at the Vancouver Resource Investment Conference in January --
http://www.gata.org/node/17223
-- that the price of gold is "managed" by central banks with the help of bullion banks. In his interview with Kitco, Giustra doesn't want to say the gold price is "manipulated," but he warns against "paper gold" because of its likely lack of backing.
The interview is 6 1/2 minutes long and is posted at Kitco News here:
http://www.kitco.com/news/video/show/Kitco-Ne...-20/Gold-Is-...
