Bloomberg TV airs doubt about gold ETFs

Submitted by cpowell on 09:01AM ET Monday, March 9, 2009. Section: Daily Dispatches
12:10p ET Monday, March 9, 2009

Dear Friend of GATA and Gold:

Bloomberg Television on Sunday interviewed Juerg Kiener of Swiss Asia Capital and Jonathan Barratt of Commodity Broking Services about gold, and elicited from them an acknowledgement that bank safety-deposit boxes might not provide such secure storage, the banks themselves possibly being insolvent; a doubt that the exchange-traded funds in gold have the gold they claim; and a complaint that the short position in silver is concentrated in only one or two banks.

That is, the word about the precious-metals price suppression scheme is steadily reaching investment professionals around the world.

You can watch the interview at Bloomberg TV here:

http://www.bloomberg.com/avp/avp.htm...
e/vS0rgfNuHBQs.asf

Or try this abbreviated link:

http://tinyurl.com/auwytc

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.