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Julian Phillips surmises that nearly all Western central bank gold is leased and gone
7:50p ET Wednesday, May 21, 2014
Dear Friend of GATA and Gold:
Gold Forecaster editor Julian Phillips earns his tin-foil hat with his new commentary, "Will Central Banks Need to Buy Gold Back from the Market?," in which he surmises that nearly all Western central bank gold has been leased and is not readily recoverable. Phillips' commentary is posted at GoldSeek here --
http://news.goldseek.com/GoldForecaster/1400702400.php
-- and at 24hGold here:
http://www.24hgold.com/english/news-gold-silver-will-central-banks-need-...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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