Jeff Nielson: Not the World Gold Council but the World Paper Council

Section:

1p ET Thursday, May 16, 2013

Dear Friend of GATA and Gold:

The World Gold Council would more properly be called the World Paper Council, Jeff Nielson of Bullion Bulls Canada writes today, since the council facilitates ownership of paper promises of gold rather than ownership of gold itself. In doing so, Nielson says, the council is just a tool of major banks. His commentary is headlined "The World Paper Council" and it's posted at the Bullion Bulls Canada Internet site here:

http://www.bullionbullscanada.com/gold-commentary/26193-the-world-paper-...

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



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