China's 'tapering' counts more than Fed's, Kaye tells KWN

Section:

2:05p ICT Wednesday, October 23, 2013

Dear Friend of GATA and Gold:

Hong Kong fund manager William Kaye tells King World News that the bond buying "tapering" that matters is not the Federal Reserve's but China's, that the Fed is unlikely to avoid inflation when it starts monetizing the bonds China won't buy, and that awful things will follow in the United States. An excerpt from the interview is posted at the King World News blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/10/23_C...

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



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