Jan Skoyles: Can you control gold demand? -- Part 1

Section:

12:58p ET Monday, August 5, 2013

Dear Friend of GATA and Gold:

"Nothing shouts 'gold is money' like a government confiscation and control scheme," Jay Skoyles writes in her new study for The Real Asset Co. in London, and no country has been waging a longer and less successful war against gold than India. "Many describe India's love for gold as 'irrational' but nothing is irrational about choosing one currency over another when it comes to wealth protection. Until the government is able to offer a currency that cannot be inflated and devalued and bank accounts where citizens feel safe storing their money, there will be this fight by citizens to keep buying gold bullion."

Skoyles' commentary is headlined "Can You Control Gold Demand? Part 1" and it's posted at The Real Asset Co.'s Internet site here:

http://therealasset.co.uk/control-gold-bullion/

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



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