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Grant Williams: Comex paper-to-gold ratio up to 55-1, GLD redemptions refused
1:35p ET Tuesday, September 10, 2013
Dear Friend of GATA and Gold:
Singapore-based fund manager and newsletter writer Grant Williams tells King World News today that the ratio of Comex gold claims to Comex gold warehouse ounces has risen to 55 to 1 and that shareholders of the GLD exchange-traded fund who are qualified to exchange their shares for real metal have been denied it. An excerpt from the interview is posted at the King World News blog here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/9/11_Am...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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