Russia, China see gold as escape from dollar hegemony, CPM Group's Christian says

Section:

2:08p GMT Tuesday, November 28, 2017

Dear Friend of GATA and Gold:

CPM Group Managing Partner Jeffrey Christian may not be able to acknowledge that his company's clients, central banks, manipulate the gold market surreptitiously but in an interview yesterday with Daniela Cambone of Kitco News he said Russia, China, and other countries resent the "monetary hegemony that the United States has exercised since World War II" and so are diversifying their foreign exchange away from the dollar into gold in anticipation of changes in the world financial system.

Christian's interview with Kitco News five minutes long, headlined "Gold Is Russian Answer to U.S. Dollar Dominance -- CPM Group," and is posted here:

http://www.kitco.com/news/2017-11-27/Gold-Is-Russian-Answer-To-U-S-Dolla...

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



ADVERTISEMENT

A Network of Bullion Dealers Who Bid for Your Business

With a SmartMetals® account from the Hard Assets Alliance, you're always guaranteed the lowest prices for gold, silver, platinum, and palladium. When you buy bullion through your account, the alliance's network of trusted precious metals dealers launches into action -- and you’ll be shown the lowest price for your purchase. Also amazing is the low-cost storage available to you in six non-bank vaults around the world.

Click here to learn more:

http://www.hardassetsalliance.com/go/v34pm4/GAT


* * *

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:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16