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Alasdair Macleod: Gold and bail-ins
8a ET Friday, April 11, 2014
Dear Friend of GATA and Gold:
Even allocated gold probably isn't safe in an insolvent bank being restructured under government supervision, GoldMoney research director Alasdair Macleod writes today, especially since Western central banks may no longer have the gold they long have used to rescue bullion banks in trouble. Macleod's commentary is headlined "Gold and Bail-Ins" and it's posted at GoldMoney's Internet site here:
http://www.goldmoney.com/research/analysis/gold-and-bail-ins?gmrefcode=gata
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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