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Grant Williams ties pounding of gold to shortage triggered by Venezuela, Germany

IMG Auteur
Chris Powell
GATA
Published : July 18th, 2013
108 words - Reading time : less than a minute
( 2 votes, 3.5/5 ) , 2 commentaries
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Category : Market Analysis

In his new "Things That Make You Go Hmmm" letter, gold fund manager Grant Williams attributes the recent pounding of the gold price to Western central bank efforts to recover enough real metal for repatriation of the Venezuelan and German gold reserves vaulted abroad, what with so much Western central bank gold long having been leased and then sold into the market to suppress the price. Williams cites all the recent developments noted by GATA and construes them pretty much as GATA does as part of a scheme of market rigging. Williams' letter is headlined "What If?" and it's posted at the Mauldin Economics Internet site here:

http://www.mauldineconomics.com/ttmygh/what-if
Data and Statistics for these countries : Germany | Venezuela | All
Gold and Silver Prices for these countries : Germany | Venezuela | 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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Artboard   7/18/2013 at 5:29 PM GMT
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"What if" Germany asked for total repatriation of its 1,500 tonnes of Gold held in the USA? A request of this magnitude would send the rats overboard for sure.
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prljr   7/19/2013 at 5:38 PM GMT
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What if, the American people demanded from their puppet government a full audit of the USA's gold?
What if, it actually took place?
Revolution most likely.
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What if, the American people demanded from their puppet government a full audit of the USA's gold? What if, it actually took place? Revolution most likely. Read more
prljr - 7/19/2013 at 5:38 PM GMT
Rating :  5  3
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