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Sinclair dismisses COT but says central banks will need higher gold to reliquefy

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Published : February 27th, 2013
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Category : GoldWire

Jim Sinclair tells King World News tonight that futures market commitment of traders reports may be as fabricated as LIBOR reports were but that central banks will have to reliquefy themselves with a higher gold price. An excerpt from the interview is posted at the King World News blog here:

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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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