Gold will be only beneficiary of Fed's retreat, Grant Williams tells KWN

Section:

1:50p ET Thursday, September 19, 2013

Dear Friend of GATA and Gold:

Singapore fund manager and newsletter editor Grant Williams, interviewed today by King World News, joins those who expect the Federal Reserve to lose control of the bond market even as it keeps up its high level of bond monetization.

Eventually, Williams says, investors "will realize that if the Fed doesn't buy the government bonds, then nobody is going to buy them." Gold, Williams thinks, will be the only beneficiary of the Fed's canceling its plan to reduce its bond buying.

An excerpt from the interview is posted at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/9/19_Th...

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



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