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Gold's backwardation worsens despite rising price, Turk tells KWN

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Published : November 25th, 2014
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Category : GoldWire

Gold's price has been rising but its backwardation has been worsening, GoldMoney founder and GATA consultant James Turk tells King World News tonight, adding that while the war against gold by central planners remains fierce, they will lose just as they lost upon the collapse of the London Gold Pool in 1968. An excerpt from the interview is posted at the KWN blog here:

http://kingworldnews.com/kingworldnews/KWN_Da...2014/11/24_L...

 

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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.
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