Jeff Nielson: Gold squeeze in India stokes silver demand

Section:

2:20p ET Friday, June 28, 2013

Dear Friend of GATA and Gold:

The Indian government's increasingly totalitarian campaign to prevent people from buying gold is driving people into silver, Jeff Nielson of Bullion Bulls Canada writes today.

Despite the government's pressure, Nielson writes, India is on track to import close to 2,000 tonnes of gold per year, even as annual worldwide gold mine production is less than 3,000 tonnes. That doesn't count the exploding demand for gold in China.

"The lying banksters and lying drones in the corporate media call this a 'bear market,'" Nielson writes. "If the U.S. government was forced to greatly restrict sales of U.S. Treasuries 'due to overwhelming demand,' obviously these same liars/hypocrites would not call that a 'bear market.'"

Nielson's commentary is headlined "Gold Squeeze in India Stokes Silver Demand" and it's posted at Bullion Bulls Canada here:

http://www.bullionbullscanada.com/silver-commentary/26271-gold-squeeze-i...

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



ADVERTISEMENT

Fred Goldstein and Tim Murphy open All Pro Gold

All-Pro Gold, run by long-time GATA supporters Fred Goldstein and Tim Murphy, offers its services to GATA supporters and anyone else interested in precious metals. The company brokers a full line of precious metals and numismatic coins. It aims to inform prospective clients about the importance of the monetary metals as part of a diversified financial portfolio and to keep prospective clients current with market trends. All-Pro Gold has competitive pricing and ships promptly to clients so they may have physical possession. Learn more by e-mailing Fred@allprogold.com or Tim@allprogold.com or telephone 1-855-377-4653 or visit www.allprogold.com.



Join GATA here:

Liberty Mastermind Symposium
Double Tree Hotel, Dallas-Fort Worth Airport
Friday-Saturday, June 28-29, 2013

http://www.libertymastermind.us/

* * *

Support GATA by purchasing DVDs of our London conference in August 2011 or our Dawson City conference in August 2006:

http://www.goldrush21.com/order.html

Or by purchasing a colorful GATA T-shirt:

http://gata.org/tshirts

Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:

http://gata.org/node/wallstreetjournal

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16