Dave Kranzler: GLD is being looted by bullion banks shorting gold

Section:

9:58p ET Monday, July 27, 2015

Dear Friend of GATA and Gold:

Dave Kranzler of Investment Research Dynamics tonight reviews evidence that the exchange-traded fund GLD is being used as a source of metal for the bullion banks shorting gold, an essential part of the Western central bank gold price suppression scheme. His commentary is headlined "GLD Continues to Be Looted While the Public Loads Up with Physical" and it's posted at the IRD Internet site here:

http://investmentresearchdynamics.com/gld-continues-to-be-looted-while-t...

And in commentary written with former Assistant U.S. Treasury Secretary Paul Craig Roberts, Kranzler explains how futures trading has pre-empted exchange of actual metal in setting gold and silver prices. Their commentary is headlined "Supply and Demand in the Gold and Silver Futures Markets" and it's posted at Roberts' Internet site here:

http://www.paulcraigroberts.org/2015/07/27/supply-demand-gold-silver-fut...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org



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