The Emperor Wears No Clothes but Who Else Dares to Say So?

by Chris Powell

Dear Friend of GATA and Gold:

Somebody smashed the gold price out of the blue today, with no particular news developments to explain it:

Zero Hedge asserts that the smash was accomplished by the dumping of $5 billion in paper gold:…

King World News charges that it was done by the Bank for International Settlements —

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