Sinclair, Kim expect gold price smash to backfire
8:45p ET Sunday, April 21, 2013
Dear Friend of GATA and Gold:
Mining entrepreneur and gold trader Jim Sinclair and market letter writer J.S. Kim argue in separate commentaries tonight that the smashing of gold by central banks and their agents will backfire by exposing the fraud of paper gold and jacking up the premium on real metal.
Sinclair's commentary, headlined "Physical Gold Buyers Will Now Crush Central Planners," is posted at the King World News blog here:
Kim's commentary is headlined "Why the Western Banking Cartel's Gold and Silver Price Slam Will Backfire" and it's posted at his Internet site, the Underground Investor, here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
GoldMoney Reduces Storage and Exchange Fees
From April 1 GoldMoney will be reducing by a third its storage fees on gold stored at all VIA MAT vaults to just 0.12 percent per year and halving the cost of storing silver with VIA MAT Switzerland to bring it in line with GoldMoney's silver storage fees at other vault locations: 0.49 percent per year as the standard fee and 0.39 percent per year for more than 50,000 ounces of silver. In addition, GoldMoney's minimum storage fee will be reduced to only 0.001 grams per month for gold, platinum, and palladium, and 0.001 ounces per month for silver. In April GoldMoney also will be simplifying and reducing its metal-to-metal exchange fees. For the full details of these significant fee reductions, please visit:
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How to profit in the new year with silver --
and which stocks to buy now
Future Money Trends is offering a special 16-page silver report with our forecast for 2013 that includes profiles of nine companies and technical analysis of their stock performance. Six of the companies have market capitalizations of less than $800 million and one company has a market cap of only $30 million. The most exciting of these companies will begin production in a few weeks and has a market cap of just $150 million.
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