How central banks have held gold down

Gold fans have always said that central banks have been artificially suppressing the gold price, but they have usually been dismissed as deluded conspiracy theorists. But now a major investment bank has published a report verifying their claims. Adrian Ash of The Daily Reckoning explains why this means that now, more than ever before, you should be buying gold...

The report begins thus:

'We are raising our mid-cycle gold price estimate to $900/oz from $750/oz and see the possibility of a spike to $2,000 or higher...'

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Adrian has written all things gold related from if it’s worth buying, what the real price of gold should be and what’s the point of gold for MoneyWeek. He has also written for other leading money titles on his gold expertise including Business Insider, Forbes, City A.M, Yahoo Finance and What Investment Magazine. Now Adrian is head of the research desk at BullionVault, a physical market for gold and silver for private investors online.