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Comments on gold by Roberts, Cashin in King World News interviews
7:26p ET Friday, July 12, 2013
Dear Friend of GATA and Gold:
King World News tonight has two important interviews.
The first is with former Assistant U.S. Treasury Secretary Paul Craig Roberts, who describes how he thinks the U.S. Federal Reserve is scheming to keep European and Asian countries using the dollar for international trade while suppressing the gold price so that the monetary metal won't be seen as an alternative to the dollar:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/7/12_Fo...
The second is with Art Cashin of UBS, who notes backwardation in gold and says the rising price of oil seems to signify that the Fed is losing control of the bond market:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/7/12_Ar...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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