You are here
Central banks' gold suppression will fail, maybe any day now, Sprott tells KWN
8:50p ET Wednesday, January 28, 2015
Dear Friend of GATA and Gold:
Volatility in currencies signals that central banks are losing control while investors increasingly move into physical gold, straining central bank supplies to the market, Sprott Asset Management founder Eric Sprott tells King World News tonight.
"The physical demand just won't let up at these depressed prices," Sprott says, "and when you throw in a massive currency war that is taking place on a global basis, it is only making matters worse for the Western central banks."
Sprott likens today's gold suppression scheme to the last days of the London Gold Pool in 1968. He thinks the central banks could surrender any day now.
The interview is excerpted at the KWN blog here:
http://kingworldnews.com/billionaire-eric-sprott-entities-wiped-overnigh...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
USAGold: Coins and bullion since 1973
USAGold, well known for its Internet site, USAGold.com, offers contemporary bullion coins and bullion-related historic gold coins for delivery to private investors in the United States, Europe, Canada, Australia, and New Zealand. It is one of the oldest and most respected names in the gold industry, with thousands of clients and an approach to investment that emphasizes guidance and individual needs over high-pressure sales tactics. The firm's zero-complaint record at the Better Business Bureau makes it an ideal match for the conservative, long-term investor looking for a reliable contact in the gold business.
Please call 1-800-869-5115x100 and ask for the trading desk, or visit:
USAGold: Great prices, quick delivery -- all the time.
Join GATA here:
Mining Investment Asia Conference
Resorts World Convention Centre
8 Sentosa Gateway, Sentosa Island
Singapore
Wednesday-Friday, March 18-20, 2015
http://www.mininginvestmentasia.com/
Mines and Money Conference
Hong Kong Convention and Exhibition Centre
1 Expo Drive, Wan Chai
Hong Kong, China
Monday-Friday, March 23-27, 2015
http://www.minesandmoney.com/hongkong/
* * *
Support GATA by purchasing recordings of the proceedings of the 2014 New Orleans Investment Conference:
https://jeffersoncompanies.com/landing/2014-av-powell
Or by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006:
http://www.goldrush21.com/order.html
Support GATA by purchasing recordings of the proceedings of the 2014 New Orleans Investment Conference:
https://jeffersoncompanies.com/landing/2014-av-powell
Or by purchasing a colorful GATA T-shirt:
Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:
http://gata.org/node/wallstreetjournal
Help keep GATA going
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit:
