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Sprott's Embry, MineWeb's Williams criticize Casey's claim to omniscience

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Published : July 15th, 2014
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Category : GoldWire

Dear Friend and GATA and Gold:

Sprott Asset Management's John Embry and MineWeb's Lawrence Williams today criticize Casey Research founder Doug Casey's assertion last week that complaints of gold price suppression are "ridiculous."

"I take that as a personal affront," Embry says in an interview with King World News. "I've been around markets on a day-to-day basis longer than he has, and I can guarantee you I can identify a market that is being manipulated. And both the gold and silver markets are classic examples of manipulated markets."

Embry's comments are excerpted at the KWN blog here:

http://kingworldnews.com/kingworldnews/KWN_Da...2014/7/14_Em...

Williams writes that Casey's disparagement comes "despite GATA's evidence to the contrary suggesting that some central banks may indeed be supporting some form of suppression, at least from time to time, to protect currencies."

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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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