Doug Casey says gold price manipulation allegations are ‘ridiculous’

Doug Casey of Casey Research talks with Kitco News’ Daniela Cambone about gold prices, market manipulation and the US government.

“Are gold prices being suppressed? I consider that [question] to be ridiculous,” Casey says. “I find that counter-factual and actually rather ridiculous.” Casey also talks about Fed policies and says inflation is an eminent threat to the country.

“We’ve been in the eye of this gigantic financial hurricane — when we go to the trailing edge [it], it’s going to be much worse.” Looking at the marketplace, Casey also says gold is at a reasonable value right now. “It’s a good value and it’s going to go a lot higher.”