central banks
Conspiracy theories tagged "central banks."
2 articles
Unresolved
Gold Price Suppression by Central Banks
The Gold Anti-Trust Action Committee (GATA) claims central banks and bullion banks coordinate to suppress gold prices through paper gold contracts to protect fiat currency credibility.
1960 · United States · GATA (Gold Anti-Trust Action Committee), Bill Murphy, Chris Powell
Confirmed
London Gold Pool -- Confirmed Price Fixing
From 1961 to 1968, eight Western central banks secretly coordinated to suppress the gold price at $35 per ounce. When the scheme collapsed, it set the stage for the end of the gold standard and Nixon's 1971 decision to close the gold window.
1961 · United Kingdom · Bank of England, Federal Reserve, G10 central banks