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BlackRock stops issuing shares in gold ETF as demand explodes

Section: Daily Dispatches

10:54a ET Friday, March 4, 2016

Dear Friend of GATA and Gold:

Zero Hedge reports that BlackRock has suspended issuing shares in its gold exchange-traded fund because demand for real metal is outstripping supply:

http://www.zerohedge.com/news/2016-03-04/blackrock-suspends-gold-etf-iss...

BlackRock's own statement is posted at Business Wire here:

http://www.businesswire.com/news/home/20160304005402/en/Issuance-IAU-Gol...

Zero Hedge observes: "It appears the huge demand for physical gold (and lack of supply) is finally catching up with the manipulation of paper prices."

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



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