The largest gold heist in history has begun

“Don’t let the Federal Reserve shake you out of your positions here…”

On Tuesday, gold suffered a 3% sell-off. It spooked precious metals investors and rattled mining-share owners. But if you sell your bullion here… consider yourself an “accessory” to a global gold heist underway right now.

The U.S. central bank (the Federal Reserve) is “jawboning” (i.e., talking up) an interest rate hike in December. Higher interest rates can hurt gold prices… as investors move into assets that pay a yield (gold doesn’t). That’s triggered the sell-off.

But The Palm Beach Letter’s Big T—Teeka Tiwari—points out the largest gold buyers in the world—central banks—are the same folks with the power to manipulate the gold price. It’s a dangerous conflict of interest… and it will cause many investors to sell out at the worst possible time.

Don’t be one of them. Listen to Big T’s vital gold investing advice in today’s 3-Minute Market Minder.