Over the years there have been many claims, studies, articles, interviews, a couple of investigations and even lawsuits about the possible manipulation of gold (and silver) prices. With recent revelations of manipulations in LIBOR, foreign exchange rates and other financial instruments, the proponents of precious metals continue to feel that gold prices are also being artificially held down. Dmitrity Speck is a technical analyst who has recently written a book, titled
The Gold Cartel: Government Intervention on Gold, the Mega Bubble in Paper, and What This Means for Your Future. In this podcast, he talks about his views on the manipulation of gold prices.
The interview was done by Dominic Frisby on his
Frisby’s Bulls And Bears podcast. Speck and Frisby explore the mechanics behind the possible gold price manipulation and the reasons why this may be done, specifically how it could affect interest rates and other markets (stocks, bonds, other commodities and foreign exchange rates). Most of Speck's analysis seems to center around actions of the US Federal Reserve. Dmitrity Speck also runs a
seasonal technical analysis site.