GATA promotes gold ownership by claiming central banks suppress its price, arguing that exposing this will drive prices higher and urging investors to buy physical gold and mining shares—while funding its campaign through donations from the metals industry and gold holders.
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I’ve noticed this trend with PM advocates.
Anytime they’re going up “it’s time to buy” when they’re going down a conspiracy by bankers is to blame.
My answer to them is very simple:
If the bankers have that much control over PMs, maybe look at some other investment opportunities instead of being locked into “dogma investing.”
If the bankers have that much control over PMs, maybe look at some other investment opportunities instead of being locked into “dogma investing.”True especially when this happens while the gold price is on a downward trajectory from an all-time high.