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Bullion Star 'infographic' on gold ETFs shows how they undermine the gold price
4:03p ET Wednesday, January 4, 2017
Dear Friend of GATA and Gold:
Bullion Star today has posted an interesting "infographic" about exchange-traded gold funds and its main point seems to be to remind investors that when they buy shares in gold ETFs, they are facilitating the fractional-reserve gold banking system -- that is, facilitating the artificial inflation of the gold supply, making gold seem more plentiful than it is and thus undermining the gold price. The Bullion Star "infographic" is here:
https://www.bullionstar.com/blogs/bullionstar/infographic-gold-etf-mecha...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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