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Central banks manipulate gold interest rates too, Turk tells KWN

Submitted by cpowell on Tue, 2014-12-09 05:43 Section: Daily Dispatches

11:40a CET Tuesday, December 9, 2014

Dear Friend of GATA and Gold:

GoldMoney founder and GATA consultant James Turk tells King World News today that while gold interest rates are an indicator of conditions in the gold market, they too, like the gold price itself, are easily manipulated by central banks and that the zero-interest-rate policy of central banks has created abnormal conditions in all markets. An excerpt from the interview is posted at the KWN blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/12/8_He...

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


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