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Sinclair, Barron, and Leeb on the Bundesbank's strange gold move
3:50p ET January 16, 2013
Dear Friend of GATA and Gold:
Comment is flowing in on the Bundesbank's plan to repatriate all of a fifth of its gold held at the Federal Reserve Bank of New York over the next seven years.
Jim Sinclair argues that the move is retaliation by the euro bloc for U.S. attacks on gold that hamper the euro bloc's strategy for strengthening its new currency:
http://www.jsmineset.com/2013/01/16/germany-reacts-to-the-retiring-treas...
At King World News, mining entrepreneur Keith Barron joins those who believe that most of Germany's gold has departed into the market through secret leases:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/1/16_Ge...
Also at King World News, fund manager Stephen Leeb agrees that the gold is gone but adds that the United States and China both want the gold price restrained at the moment, the U.S. because it is just about out of gold and China because it wants to get a lot more before the price explodes:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/1/16_Wh...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
GoldMoney adds Singapore vaulting option
In addition to its precious metals storage facilities in Hong Kong, Switzerland, Toronto, and the United Kingdom, now with GoldMoney you can store gold and silver in Singapore in a high-security vault operated by Brink's Singapore Pte Limited. To celebrate the launch of this storage option, GoldMoney is offering a discount on buy and exchange fees at this vault for any orders above US$10,000 (or the equivalent) until January 31, 2013. The gold buy rate is 0.98%, while the silver rate is 1.99%. Metal exchanges into Brink's Singapore will also be discounted for this period and will be charged at 0.78% for gold and 1.75% for silver. Simply place your order online and the above rates apply automatically until January 31, 2013, 15.00 UK time. To find out more about the new vault, please visit:
http://www.goldmoney.com/singapore?gmrefcode=gata
GoldMoney customers can take delivery of any number of gold, silver, platinum, and palladium bars from any GoldMoney vault, as well as personally collect their bars stored in the Hong Kong, Switzerland, and U.K. vaults.
It's easy to open an account, add funds, and liquidate your investment. For more information, visit:
http://www.goldmoney.com/?gmrefcode=gata
Join GATA here:
Vancouver Resource Investment Conference
Sunday-Monday, January 20 and 21, 2013
Vancouver Convention Centre West
Vancouver, British Columbia, Canada
http://www.cambridgehouse.com/event/vancouver-resource-investment-confer...
* * *
Support GATA by purchasing DVDs of our London conference in August 2011 or our Dawson City conference in August 2006:
http://www.goldrush21.com/order.html
Or by purchasing a colorful GATA T-shirt:
Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:
http://gata.org/node/wallstreetjournal
Help keep GATA going
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit:
How to profit in the new year with silver --
and which stocks to buy now
Future Money Trends is offering a special 16-page silver report with our forecast for 2013 that includes profiles of nine companies and technical analysis of their stock performance. Six of the companies have market capitalizations of less than $800 million and one company has a market cap of only $30 million. The most exciting of these companies will begin production in a few weeks and has a market cap of just $150 million.
Half of all proceeds from the sale of this report will be donated to the Gold Anti-Trust Action Committee to support its efforts exposing manipulation and fraud in the gold and silver markets.
To learn about this report, please visit:
http://www.futuremoneytrends.com/index.php?option=com_content&id=376&tmp...
