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Investors taking their gold out of the fractional-reserve system, Grant Williams tells KWN
12:55a ET Wednesday, August 13, 2013
Dear Friend of GATA and Gold:
Fund manager and market analyst Grant Williams, author of the "Things That Make You Go Hmmm. ..." letter, tells King World News that gold is moving out of the commodity trading and banking system and into private hands as investors realize that paper claims on the metal far exceed the supply and the fractional-reserve gold banking system begins to come apart. An excerpt from the interview is posted at the King World News blog here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/8/14_De...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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