Central banks still leasing gold they'll never recover, Sprott says by Chris Powell

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Central banks still leasing gold they'll never recover, Sprott says

by Chris Powell - GATA

Published : August 25th, 2012

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Sprott Asset Management's Eric Sprott today tells King World News he suspects that some central banks are still leasing gold to quell the gold price and they'll never get it back, and they'll lose it sooner as markets realize that the world financial system is bankrupt and dependent on bailouts. An excerpt from the interview is posted at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_Da...2012/8/24_Sp...

CHRIS POWELL, Secretary/Treasurer

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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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