Giustra repeats that gold price is 'managed' but won't say 'manipulated'

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Published : June 21st, 2017
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3:32p ET Tuesday, June 20, 2017

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-...

Data and Statistics for these countries : Georgia | All
Gold and Silver Prices for these countries : Georgia | All
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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.
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