Fund manager Leeb acknowledges gold price suppression in a big way by Chris Powell

In the same category

Fund manager Leeb acknowledges gold price suppression in a big way

by Chris Powell - GATA

Published : July 18th, 2012

91 words - Reading time : less than a minute

( 0 vote, 0/5 )


	Article		Comments		Rating		Also by Chris Powell

Keywords : Exchange Traded Fund | Gold | Gold Price Suppression |

Interviewed by King World News, fund manager Stephen Leeb not only comes over to the gold price suppression side but earns a dozen tinfoil hats by acknowledging that Western banks are leasing their customers' supposedly "allocated" gold to help keep the price down, that the exchange-traded fund GLD can't be trusted (he recommends the Sprott Gold Trust instead), and that the gold price will explode as banks "get scared that they are short too much gold." A summary of the interview is posted at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/7/17_Th...

Rate :

Average note :0 (0 vote)

View Top rated

Previous article by
Chris Powell

All articles by
Chris Powell

Next article by
Chris Powell

Receive by mail the latest articles by this author

Latest comment posted for this article

Be the first to comment

Add your comment

Chris Powell

Buy his book

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.

Chris Powell Archive

Website

Subscribe to his services

See other analysts and contributors of 24hgold

Most recent articles by Chris Powell
6/19/2013	Got Gold Report: Big commercials less short in silver than ever
6/19/2013	Embry notes media clamor against gold, switch by bullion banks, Chinese demand
6/19/2013	Fed's doubletalk losing effectiveness, Turk tells King World News
6/19/2013	At the CFTC even Gensler is too much for the big banks
6/17/2013	Jeff Nielson: Gold-bashing mythology hits new crescendo
All Articles

Comment this article

You must be logged in to comment an article

8000 characters max.

User :		Password :				Login
Sign In			Forgot password?


	All		Favorites		Best Rated

Receive 24hGold's Daily Market Briefing in your inbox. Go here to subscribe or unsubscribe.
Information contained herein is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. It is not intended to constitute individual investment advice and is not designed to meet your personal financial situation. The opinions expressed herein are those of the author and are subject to change without notice. The information herein may become outdated and there is no obligation to update any such information. The author, 24hGold, entities in which they have an interest, family and associates may from time to time have positions in the securities or commodities discussed. No part of this publication can be reproduced without the written consent of the author. Disclaimer

Print Fund manager Leeb acknowledges gold price suppression in a big way | Go to Fund manager Leeb acknowledges gold price suppression in a big way in Chris Powell's archive | Find Fund manager Leeb acknowledges gold price suppression in a big way and other articles in Chris Powell's website