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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Grant Williams: Comex paper-to-gold ratio up to 55-1, GLD redemptions refused

posted on Sep 11, 2013 02:57PM

Grant Williams: Comex paper-to-gold ratio up to 55-1, GLD redemptions refused

Submitted by cpowell on 10:40AM ET Wednesday, September 11, 2013. Section: Daily Dispatches

1:35p ET Tuesday, September 10, 2013

Dear Friend of GATA and Gold:

Singapore-based fund manager and newsletter writer Grant Williams tells King World News today that the ratio of Comex gold claims to Comex gold warehouse ounces has risen to 55 to 1 and that shareholders of the GLD exchange-traded fund who are qualified to exchange their shares for real metal have been denied it. An excerpt from the interview is posted at the King World News blog here: