When the world knows that they have sold millions more of paper gold than there is in

existence. BUY GOLD NOT PAPER. BUY GOLD NOT PAPER

Dear Friend of GATA and Gold:

Physical Gold Fund’s John Ward today interviews an unidentified director of a large Swiss gold refinery who asserts, among other things, that gold is heading from West to East in huge volumes; that the gold price at the moment has no correlation to the physical market, which is tight; that if gold buyers ever start taking delivery of metal instead of leaving their metal on deposit with bullion banks, the situation could become dangerous; but that as long as buyers don’t take delivery, the current price mechanism — that is, price suppression by central banks and their bullion bank agents — can continue forever fROM J.S. MINESET