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Koos Jansen more reliable on China than World Gold Council, Sprott says
3:30p ET Friday, February 21, 2014
Dear Friend of GATA and Gold:
Gold researcher and GATA consultant Koos Jansen's estimates of Chinese gold demand, posted at his Internet site, In Gold We Trust (http://www.ingoldwetrust.ch/), are far more accurate than the World Gold Council's, which miss a lot of gold going into China, Sprott Asset Management CEO Eric Sprott says today. Sprott adds that some investment bank recommendations against gold don't match what the banks are doing for their own accounts.
Sprott's comments come in the weekly gold market review at Sprott Money News, an eight-minute interview that can be heard here:
http://www.sprottmoney.com/sprott-money-weekly-wrap-up
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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