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Gold price suppression covered by Roberts in Sprott Money News interview
10:43a ET Friday, October 3, 2014
Dear Friend of GATA and Gold:
Gold price suppression by Western central banks figures heavily in an interview this week with former Assistant U.S. Treasury Secretary Paul Craig Roberts by Geoff Rutherford of Sprott Money News.
Gold price suppression is undertaken through naked shorting of the metal by bullion banks upon the encouragement of the Federal Reserve, Roberts says. He adds that it probably will continue until "the Shanghai Gold Exchange in which no naked shorts are possible, produces different prices, different behavior, or until the West is so depleted of gold that the risk of selling all those naked shorts that can't be covered becomes too high."
Video and a transcript of the interview are posted at the Sprott Money News Internet site here:
http://www.sprottmoney.com/news/ask-the-expert-dr-paul-craig-roberts-sep...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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