You are here
Bloomberg TV lets Rickards explain the gold price/demand incongruity
3:56p ET Tuesday, December 31, 2013
Dear Friend of GATA and Gold:
Bloomberg News Television today gave fund manager and geopolitical analyst James G. Rickards four minutes to explain the incongruity between the falling gold price and the extraordinary demand for the metal, which he said probably involves market manipulation. Rickards cited the flow of Western gold to China through Switzerland and added that the decline in gold holdings claimed by the exchange-traded fund GLD is actually bullish for gold because bullion banks have been unable to obtain gold except by liquidating GLD's metal. The paper shorting of gold, Rickards said, is based on a very small amount of metal. "At some point," Rickards said, "you're going to want your gold and there's not going to be any around." The interview can be viewed at the Bloomberg Internet site here:
http://www.bloomberg.com/video/gold-declining-prices-versus-skyrocketing...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
You Don't Have to Wait for Your Monetary Metal:
All Pro Gold Has Product for Immediate Delivery
Many investors lately report having to wait weeks and even months for delivery of their precious metal orders. All Pro Gold works with the largest wholesalers that have inventory "live" -- ready to go. All Pro Gold can ship these "live" gold and silver products as soon as payment funds clear.
All Pro Gold can provide immediate delivery of 100-ounce Johnson Matthey silver bars, bags of 90 percent junk silver coins, and 1-ounce silver Austrian Philharmonics.
All Pro Gold can deliver silver Canadian maple leafs with a two-day delay and 1-ounce U.S. silver eagles with a 15-day delay.
Traditional 1-ounce gold bullion coins and mint-state generic gold double eagles are also available for immediate delivery.
All Pro Gold has competitive pricing, and its proprietors, longtime GATA supporters Fred Goldstein and Tim Murphy, are glad to answer any questions or concerns of buyers about the acquisition of precious metals and numismatic coins.
Learn more at www.allprogold.com or email info@allprogold.com or telephone All Pro Gold toll-free at 1-855-377-4653.
Join GATA here:
Vancouver Resource Investment Conference
Vancouver Convention Centre West
Sunday-Monday, January 19-20, 2014
Vancouver, British Columbia, Canada
http://www.cambridgehouse.com/event/vancouver-resource-investment-confer...
Mines and Money Hong Kong
Hong Kong Convention and Exhibition Centre
Monday-Friday, March 24-28, 2014
Hong Kong Special Administrative Region, China
http://www.minesandmoney.com/hongkong/
* * *
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:
