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The current London Gold Pool will collapse as the first did, Grant Williams tells KWN

IMG Auteur
Chris Powell
GATA
Published : April 23rd, 2014
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Singapore-based fund manager Grant Williams tells King World News that the gold market "is now a game of patience by those who can run the numbers and who mathematically comprehend that this price suppression simply cannot go on forever."

Williams adds: "This second London Gold Pool will be overrun just like the first one was. At some point this disparity between paper prices and physical demand is going to resolve itself, and when it does it will mean an explosion of the gold price to the upside."

An excerpt from the interview is posted at the KWN blog here:

http://kingworldnews.com/kingworldnews/KWN_Da...2014/4/23_Co...

Also at King World News, fund manager Stephen Leeb says China and Russia are positioning their currencies to revolve around gold:

http://kingworldnews.com/kingworldnews/KWN...2014/4/22_Ax...
Data and Statistics for these countries : China | Russia | Singapore | All
Gold and Silver Prices for these countries : China | Russia | 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.
WebsiteSubscribe to his services
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