Welcome to Capital Account. We talk to Chris Martenson about his outlook for 2013, about the prospects of reducing the US’s debt, and the plausibility of minting the trillion dollar platinum coin.
Plus, gold tumbled after the release of yesterday’s Fed minutes. Gold has been on the move down since last October, but the mention of a potential end to QE brought gold prices lower. Dennis Gartman, publisher of The Gartman Letter, wrote that gold bugs, operating on the thesis the Fed has lost control of the money supply, are in tatters. Is there more to the swings in the gold price than meet the eye? We ask Keith Weiner, president of the Gold Standard Institute and CEO of Monetary Metals, if the claims of gold market manipulation are founded. [Read more...]