Did single entity trigger gold plunge?

Section:

11a ET Monday, April 15, 2013

Dear Friend of GATA and Gold:

Ross Norman at bullion broker Sharps Pixley and Mark O'Byrne at gold dealer GoldCore seem to think that the gold plunge may be largely the work of shorting by a single entity.

Norman's commentary is posted at Sharps Pixley's Internet site here:

http://news.sharpspixley.com/article/ross-norman-gold-crushed-by-400-ton...

O'Byrne's is at GoldCore's here:

https://www.goldcore.com/goldcore_blog/massive-20-billion-paper-gold-sel...

In any case, gold investors can count on the silence of the World Gold Council and most gold and silver mining companies, which surely will accept their devastation with their usual indifference to their shareholders.

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



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