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Alasdair Macleod: Unwinding unallocated gold accounts

Submitted by cpowell on Fri, 2014-07-11 09:51 Section: Daily Dispatches

9:50a ET Friday, July 11, 2014

Dear Friend of GATA and Gold:

The growing likelihood that banks will be rescued not by governments but by "bail-ins" by their depositors may hasten the conversion of unallocated gold accounts to allocated gold accounts and put upward pressure on the gold price, GoldMoney research director Alasdair Macleod writes today. His commentary is headlined "Unwinding Unallocated Gold Accounts" and it's posted at GoldMoney here:

http://www.goldmoney.com/research/analysis/unwinding-unallocated-gold-ac...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.


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