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In broadcast to India, GATA secretary says free market in gold would enrich the country

IMG Auteur
Chris Powell
GATA
Published : March 29th, 2017
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In a broadcast from Singapore yesterday, CNBC's news channel affiliate in India, CNBC-TV18, gave your secretary/treasurer six minutes to assert that for the time being the gold price will be determined largely by surreptitious trading by central banks and that India's government should stop fighting the desire of its people for golden money. Your secretary/treasurer argued that while India is a developing country, with an estimated 24,000 tonnes of the monetary metal in private and temple possession, it might become the richest country if gold was allowed to trade without central bank interference.

CNBC-TV18 has posted video of the interview at its internet site, MoneyControl.com, here:

http://www.moneycontrol.com/news/business/mar...old-prices-i...
Data and Statistics for these countries : Georgia | India | Singapore | All
Gold and Silver Prices for these countries : Georgia | India | Singapore | 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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Chris A.   3/29/2017 at 10:07 AM GMT
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Only a bimetallic standard would work with Gold and Silver. Gold alone would be a prison for the 99% as only Elites and Central banks own any of significant quantity. Yes of debt based banksta currency like the US Dollar is an absolute disaster.
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Only a bimetallic standard would work with Gold and Silver. Gold alone would be a prison for the 99% as only Elites and Central banks own any of significant quantity. Yes of debt based banksta currency like the US Dollar is an absolute disaster.  Read more
Chris A. - 3/29/2017 at 10:07 AM GMT
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