Roberts says gold smash protects QE; Embry says gold default has begun

Section:

5:22p ET Wednesday, April 24, 2013

Dear Friend of GATA and Gold:

Writing for King World News, former Assistant U.S. Treasury Secretary Paul Craig Roberts writes that the Federal Reserve is suppressing gold and silver prices to protect its policy of "quantitative easing," infinite money creation. Roberts' commentary is headlined "Former U.S. Treasury Official: Fed Desperate to Stop Collapse" and it's posted at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/24_Fo...

Meanwhile, Sprott Asset Management's John Embry tells King World News that the default in gold has begun and gold and silver prices will go berserk when it is understood. An excerpt from Embry's interview is posted at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/24_Em...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.



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