It appears that gold prices are trying to be capped from getting to $1800/oz, but closer to around $1700 for now…
James Anderson interviewed by Jason Burack of Wall St For Main St
During this 40+ minute interview, Jason asks James about the crazy amounts of different rules changes the last 3+ months on the COMEX & LBMA to try to cap gold & silver prices. It appears that gold prices are trying to be capped from getting to $1800/oz but closer to around $1700 for now.
James talks about how the rules changes are to help slow down the rise in price of gold…for now. However, this cannot go on for a lot longer. James thinks that the main psychological barrier is $2,000/oz gold and once that is breached then gold prices will go parabolic.
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