Thursday, February 14, 2013

Central Banks Are Keeping the Price of Gold Down

"In my mind the tell on inflation would be gold and silver going up. That would be the most logical place to see it manifested. So if you are the central planners and you are trying to get away with printing money, it would be in your playbook to keep the price of silver and gold controlled, and that’s what I think we are seeing.

That’s why when we have this huge increase in physical demand, that everybody can quantify, nothing happens to the price of gold. I’m sure the Western central banks are supplying those physical quantities.”

- Eric Sprott via a recent King World News interview, read the full interview here:



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