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Central banks know vulnerability of fractional-reserve gold, GATA secretary tells KWN
2:10p CT Thursday, November 14, 2013
Dear Friend of GATA and Gold:
Central bankers are aware of the fractional-reserve nature and vulnerabilities of the international gold banking system, your secretary/treasurer tells King World News today in an interview about his recent presentations in Asia, Australia, and New Zealand. The gold price suppression scheme, your secretary/treasurer added, could collapse abruptly as the London Gold Pool did in 1968 or, more likely, will end in an international currency revaluation that prices gold at a much higher level. The interview is excerpted at the King World News blog here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/11/14_A...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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