You are here
Lassonde reconsiders, admits BIS may be manipulating gold market
7p ET Wednesday, November 5, 2014
Dear Friend of GATA and Gold:
Mining entrepreneur and former World Gold Council Chairman Pierre Lassonde, who lately has been saying that central banks don't even think about gold --
http://www.gata.org/node/13683
http://www.gata.org/node/13105
http://www.kitco.com/news/video/show/GSA-Investor-Day-2014/558/2014-02-2...
-- today applied for a tin-foil hat.
Pressed by Eric King of King World News, Lassonde acknowledged that, as Hong Kong fund manager William Kaye had told KWN a little earlier, the Bank for International Settlements very well might be pushing the gold market around.
"It would not be the first time that we've seen this and it won't be the last time either." Lassonde told KWN. "There is obviously an entity or trading house who must have a short position and they are using the paper gold market to move the price."
Things must have gotten beyond obvious. What's next? Anarchist Doug Casey retracting his claim that central banks are irrelevant? Commodity leter writer Dennis Gartman's deciding to care about market manipulation, or about anything?
Lassonde's interview is excerpted at the KWN blog here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/11/5_Pi...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Buy metals at GoldMoney and enjoy international storage
GoldMoney was established in 2001 by James and Geoff Turk and is safeguarding more than $1.7 billion in metals and currencies. Buy gold, silver, platinum, and palladium from GoldMoney over the Internet and store them in vaults in Canada, Hong Kong, Singapore, Switzerland, and the United Kingdom, taking advantage of GoldMoney's low storage rates, among the most competitive in the industry. GoldMoney also offers delivery of 100-gram and 1-kilogram gold bars and 1-kilogram silver bars. To learn more, please visit:
http://www.goldmoney.com/?gmrefcode=gata
Join GATA here:
Mines and Money London
Business Design Centre
London, England, U.K.
Monday-Friday, December 1-5, 2014
http://www.minesandmoney.com/london/
Vancouver Resource Investment Conference
Vancouver Convention Centre West
1055 Canada Place, Vancouver, British Columbia, Cananda
Sunday-Monday, January 18-19,2015
http://cambridgehouse.com/event/33/vancouver-resource-investment-confere...
* * *
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:
