Peter Degraaf: Gold and Silver Miners Should ‘Starve the Paper Market’

by Chris Powell

Dear Friend of GATA and Gold:

Financial letter writer Peter DeGraaf urges gold and silver mining companies to stop selling their production to warehouses that supply bullion to be derivatized and hypothecated by bullion banks and instead to “starve the paper market” by producing more metal for retail investors and collectors in the form of rounds and small bars. DeGraaf’s urging is headlined “An Open Letter to Mining CEOs” and it’s posted at 24hGold here:

Continue Reading at…