Quantcast

Wednesday, August 17, 2016

The Matterhorn interview: Robert Blumen on price formation in gold



January 31, 2013 by · Leave a Comment 

GATA

5:45p ET Thursday, January 31, 2013

Dear Friend of GATA and Gold:

Interviewed by Lars Schall for Matterhorn Asset Management’s Gold Switzerland Internet site, the economist Robert Blumen explains why gold mine supply is of little relevance to the gold price, gold being largely hoarded and always available to the market rather than consumed or destroyed like other commodities. Blumen also comments favorably about GATA’s complaint that Western central banks are surreptitiously active in the gold market to restrain the price. The interview is headlined “What Is Really Key for the Price Formation of Gold?” and it’s posted at Gold Switzerland’s Internet site here:

http://goldswitzerland.com/what-is-key-for-the-price-formation-of-gold/

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

* * *

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!