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Tocqueville's Hathaway praises anti-trust lawsuit against London gold fix banks
12:04p ICT Friday, April 4, 2014
Dear Friend of GATA and Gold:
Continuing his latest interview with King World News, the Tocqueville Gold Fund's John Hathaway praises the federal anti-trust lawsuit brought last week against the London gold-fixing bullion banks by the law firm of Berger & Montague in Philadelphia and the New York firm of Quinn, Emanuel, Urquhart, and Sullivan:
http://www.gata.org/node/13841
"The light of day is going to change the way this gold market works," Hathaway says, "and I think the result will be that supply and demand of physical gold will have a much larger influence on the direction of the price than over the last year. ... It's incredibly healthy that regulators and litigators are sticking their noses into this, and I just can't wait to see the results."
Hathaway's comments are posted at the KWN blog here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/4/3_Hat...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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