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Koos Jansen: Abandoning gold standard enriched financial class
6:55p ET Friday, March 14, 2014
Dear Friend of GATA and Gold:
Gold researcher and GATA consultant Koos Jansen reports today that Chinese gold demand for the first 10 weeks of the year has reached 454 tonnes, which would put it on a pace to claim most of the world's annual gold production. Jansen observes that abandonment of the gold standard resulted in a vast transfer of wealth from the working class to the financial class, but then wasn't that the objective? Jansen's commentary is posted at his Internet site, In Gold We Trust, here:
http://www.ingoldwetrust.ch/week-10-sge-withdrawals-36-mt-454-mt-ytd
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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