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World Gold Council dismisses gold price plunge

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Chris Powell

GATA

Published : July 26th, 2015

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FOLLOW : Gata Gold Gold Market Market World Gold Council

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Category : GoldWire


	The World Gold Council yesterday published a fairly involved statement responding to this week's attack on the gold market, acknowledging the suspiciousness of the trading that began the attack last Sunday night but dismissing it as the doings of speculators and emphasizing what the council considers the favorable fundamentals for gold, as if fundamentals might prevail any time soon against surreptitious trading by central banks. The council's statement is posted in PDF format at GATA's Internet site here: http://www.gata.org/files/WorldGoldCouncilSta...-07-23-2015.pdf

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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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