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Only central banks could handle recent losses on gold futures sales, Turk says
3:39p ET Sunday, June 30, 2019
Dear Friend of GATA and Gold:
At King World News this weekend, GoldMoney founder James Turk says only central banks could accommodate the sort of losses -- more than $2 billion -- suffered by gold futures sellers since April:
https://kingworldnews.com/central-banks-see-massive-2-2-billion-in-losse...
And Swiss gold fund manager Egon von Greyerz says another Swiss bank seems to have misplaced its client's gold, a reminder that no gold investor should store his gold with a bank:
https://kingworldnews.com/greyerz-another-swiss-bank-cant-find-their-cli...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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