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Home>Manipulation and Fractional Gold>John Hathaway: Threats to 'paper gold' are growing and only metal in hand is safe

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John Hathaway: Threats to 'paper gold' are growing and only metal in hand is safe

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Chris Powell

GATA

Published : December 13th, 2013

94 words - Reading time : less than a minute

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Category : Manipulation and Fractional Gold


	The explosive growth of "paper gold" has depressed the metal's price even as prices of other scarce stores of wealth are soaring, the Tocqueville Gold Fund's John Hathaway writes today in a brilliant study of the gold market that takes note of many recent developments brought to your attention by GATA. Hathaway cites the intensifying threats to the "paper gold" system, predicts that money printing will become permanent policy for central banks, and concludes that the only risk-free asset remaining is metal in possession. Hathaway's commentary is posted at King World News here: http://kingworldnews.com/kingworldnews/KWN_Da...2013/12/12_S...

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Chris Powell 13 abonnés

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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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