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BIS is main mechanism for manipulating the gold market, Rickards says

Submitted by cpowell on Tue, 2014-09-30 14:20 Section: Daily Dispatches

2:15p ET Tuesday, September 30, 2014

Dear Friend of GATA and Gold:

Interviewed by the Turkish financial journalist Erkan Oz at the Forex World conference in Istanbul last week, fund manager and author James G. Rickards remarked that central banks use the Bank for International Settlements for manipulating the gold market.

As quoted by Oz, Rickards said the BIS is "the primary intermedia for manipulating the gold market. That is not a mystery. ... This BIS is manipulating the gold market. They are the intermedia between the central banks and commercial banks and other central banks. They have been doing that."

The interview is posted at Oz's Internet site, Financial Flood, here:

http://financialflood.blogspot.com.tr/2014/09/exclusive-interview-with-j...

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


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