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Jaco Schipper: Nationalized ABN Amro offers fool's gold
11:05p ET Sunday, June 2, 2013
Dear Friend of GATA and Gold:
Analyzing the new terms under which the Netherlands bank ABN Amro offers to trade and hold gold, the Dutch economist Jaco Schipper finds that the bank's customers can have little idea of what they really own, where it is being kept, and what they can be sure of being able to liquidate. Schipper's commentary is headlined "Nationalized ABN Amro Offers Fool's Gold" and it's posted at his Internet site here:
http://www.jcaschipper.nl/2013/05/nationalized-abn-amro-offers-fools-gold/
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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