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China Gold Association leader notes Fed's manipulation of the gold market
6:10a HKT Friday, October 4, 2013
Dear Friend of GATA and Gold:
In a review of the gold market in China for The Real Asset Co. in London, Jan Skoyles and Koos Jansen quote a leader of the China Gold Association, Zhang Jie, about the U.S. Federal Reserve's manipulation of the gold market:
"For the Fed, it is crucial that the dollar dominates the world and so the Fed will store gold reserves from countries all over the world to control the gold settlement system."
The Skoyles-Jansen report is headlined "Uncovering China's Rush for Gold" and it's posted at The Real Asset Co.'s Internet site here:
http://therealasset.co.uk/china-rush-gold/
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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