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While 'totally manipulated,' gold is in short supply, Sprott tells KWN
7:31p ET Friday, July 26, 2013
Dear Friend of GATA and Gold:
In the second segment of his interview today with King World News, Sprott Asset Management CEO Eric Sprott says that while the price of gold has been "totally manipulated," backwardation in the futures market shows that metal is in short supply anyway. Sprott adds that investment demand for silver is "huge" even as most silver is not available for investment. The interview is excerpted at the King World News blog here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/7/26_Sp...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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