You are here
GLD being looted to feed Asian demand, Kaye tells KWN
12:05p AEST Wednesday, October 16, 2013
Dear Friend of GATA and Gold:
Hong Kong-based fund manager William Kaye today tells King World News that the gold exchange-traded fund GLD is being looted to meet gold demand in Asia.
Kaye adds about the recent bombings of the gold market: "When we see all of these massive paper sell orders in thin trading, as Art Cashin was saying to King World News, this is where the most obvious footprints of corruption exist. You just don't see 80 or 90 tons of gold dumped onto the market at odd hours. Suddenly an entity shows up and wants to sell 80 or 90 tons of gold and does it like a monkey at a zoo would probably handle the sell order. No sophisticated entity would sell in this manner. So this manipulative selling has the Fed and the Bank for International Settlements written all over it because they don't care about mark-to-market losses, and they don't need to worry about net capital rules."
An excerpt from the interview is posted at the King World News blog here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/10/15_T...
Meanwhile Sprott Asset Management's John Embry tells King World News that central planners have destroyed the rule of law in the United States:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/10/15_T...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Jim Sinclair Plans Seminar in Washington on Oct. 19
Gold mining entrepreneur and gold advocate Jim Sinclair will hold a seminar with questions and answers on Saturday, October 19, at a hotel at the international airport for Washington, D.C. To register for the seminar and learn more about it, including the discounted rate available at the hotel, please visit Sinclair's Internet site, JSMineSet, here:
http://www.jsmineset.com/qa-session-tickets/
Gold Investment Symposium 2013
Luna Park Conference Center, Sydney, Australia
Wednesday-Thursday, October 16-17, 2013
The Silver Summit
Davenport Hotel, Spokane, Washington
Thursday-Friday, October 24-25, 2013
http://www.cambridgehouse.com/event/silver-summit-2013
Mines and Money Australia
Melbourne Conference and Exhibition Centre
Tuesday, October 29-Friday, November 1, 2013
New Orleans Investment Conference
Sunday-Wednesday, November 10-13, 2013
Hilton New Orleans Riverside Hotel
New Orleans, Louisiana
https://jeffersoncompanies.com/landing/speakers?IDPromotion=613011610080...
* * *
Support GATA by purchasing DVDs of our London conference in August 2011 or our Dawson City conference in August 2006:
http://www.goldrush21.com/order.html
Or by purchasing a colorful GATA T-shirt:
Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:
http://gata.org/node/wallstreetjournal
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:
To contribute to GATA, please visit:
How to profit with silver --
and which stocks to buy now
Future Money Trends is offering a special 16-page silver report with our forecast for 2013 that includes profiles of nine companies and technical analysis of their stock performance. Six of the companies have market capitalizations of less than $800 million and one company has a market cap of only $30 million. The most exciting of these companies will begin production in a few weeks and has a market cap of just $150 million.
Half of all proceeds from the sale of this report will be donated to the Gold Anti-Trust Action Committee to support its efforts exposing manipulation and fraud in the gold and silver markets.
To learn about this report, please visit:
http://www.futuremoneytrends.com/index.php?option=com_content&id=376&tmp...
