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End of fractional-reserve gold banking system is in sight, Brodsky tells KWN
6p ET Thursday, August 1, 2013
Dear Friend of GATA and Gold:
Paul Brodsky, co-founder with Lee Quaintance of QB Asset Management, both of whom are joining Kopernik Global Investors, today tells King World News that the end of the fractional-reserve gold banking system is in sight, that the system is full of indications of stress, and that he expects the gold price to be reset much higher because of coordinated central bank action rather than ordinary market action. An excerpt from the interview is posted at the King World News blog here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/8/1_The...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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