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Sinclair, Barron, and Leeb on the Bundesbank's strange gold move

Section: Daily Dispatches

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.



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Sunday-Monday, January 20 and 21, 2013
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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:

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Or by purchasing a colorful GATA T-shirt:

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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:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16



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