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Japan's devaluation policy insures the gold price, Sinclair tells King World News
8:45a ET Friday, April 26, 2013
Dear Friend of GATA and Gold:
Japan's policy of currency devaluation has placed a put denominated in yen under the gold price, Jim Sinclair tells King World News today, adding that the physical market will respond quickly to future attempts to falsify the price with smashes in the paper market. An excerpt from Sinclair's interview is posted at the King World News blog here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/26_Si...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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