Gold futures price decline is an illusion, von Greyerz tells King World News
Submitted by cpowell on Sun, 2012-06-10 00:23. Section: Daily Dispatches8:22a HKT Sunday, July 10, 2012
Dear Friend of GATA and Gold:
Gold fund manager Egon von Greyerz tells King World News he expects a massive program of money issuance coordinated by the Federal Reserve, European Central Bank, International Monetary Fund, and other central banks to avert the decline of world trade and a worldwide depression. Von Greyerz also dismisses the recent decline of gold on the futures markets as an illusion. "We saw no selling of physical gold," he says. "It was all manipulation in the paper market. There is no selling in the physical market. It's very important to understand that there is manipulation of the paper market to a massive extent. At some point people will not trust the paper market anymore."
An excerpt from Von Greyerz's interview is posted at the King World News blog here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/6/9_Gre...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
___________________________
'Staggering' amount of gold bought during take down, London trader tells KWN
Submitted by cpowell on Sat, 2012-06-09 01:11. Section: Daily Dispatches
9a HKT Saturday, June 9, 2012
Dear Friend of GATA and Gold:
The London trader source of King World News, who is well known to GATA, explains in an interview today how the Federal Reserve's bullion bank agents rig the gold market to profit from both rises and declines. But the trader also reports that "staggering" amounts of real gold and silver were purchased by Eastern powers during this week's price takedown and that those powers are not promptly reporting those purchases officially. The interview with the London trader is headlined "London Trader: Staggering 515 Tons of Gold Sold in 4 Hours" and it's posted at the King World News blog here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/6/8_Lon...
Also at the King World News blog, futures market analyst Dan Norcini describes the danger facing the whole world's economy:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/6/8_Nor...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
____________________________
Mike Maloney on Gold's Checkmate and Ben Bernanke's role as the Pawn!
Published on Jun 7, 2012 by CapitalAccount____________________________
Got Gold You Can
Hold?
Got Silver You Can
Squeeze?
IT'S NOT TOO LATE TO
ACCUMULATE!!!
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