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Bullion Star 'infographic' on gold ETFs shows how they undermine the gold price

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Chris Powell
GATA
Published : January 05th, 2017
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Bullion Star today has posted an interesting "infographic" about exchange-traded gold funds and its main point seems to be to remind investors that when they buy shares in gold ETFs, they are facilitating the fractional-reserve gold banking system -- that is, facilitating the artificial inflation of the gold supply, making gold seem more plentiful than it is and thus undermining the gold price. The Bullion Star "infographic" is here:

https://www.bullionstar.com/blogs/bullionstar...ld-etf-mecha...
Data and Statistics for these countries : Georgia | All
Gold and Silver Prices for these countries : Georgia | All
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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.
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