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HFT controversy may lead to short squeeze in gold, Hathaway tells KWN

Section: Daily Dispatches

12:08p ICT Thursday, April 3, 2014

Dear Friend of GATA and Gold:

The Tocqueville Gold Fund's John Hathaway tells King World News today that the growing controversy over high-frequency trading may expose a lot about the gold market. "I have thought for some time that you have a symbiotic relationship between the bullion banks and the high-frequency traders and the use of borrowed gold to create synthetic gold," Hathaway says. He can't predict when, but he thinks that attention to HFT will lead to a short squeeze in the gold market. An excerpt from the interview is posted at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/4/2_Hat...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.



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