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Gold's 'death cross' is buy signal for China, which may be getting Germany's gold from U.S.
8:38a PT Friday, February 22, 2013
Dear Friend of GATA and Gold:
The London Telegraph's Ambrose Evans-Pritchard writes today that the supposed "death cross" for the gold price is a buy signal for China:
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100022953/go...
And interviewed at the Silver Doctors Internet site, Sprott Asset Management CEO Eric Sprott speculates that the United States well may be exporting its foreign custodial gold, including the German Bundesbank's gold, to China:
http://www.silverdoctors.com/eric-sprott-the-us-govt-may-be-exporting-ge...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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