Arab gold being reprocessed for Chinese standard, Macleod tells Keiser

Section:

9:22p ET Tuesday, November 26, 2013

Dear Friend of GATA and Gold:

Arab investors are having their gold reprocessed by Swiss refineries from London standards to the higher purity of Chinese standards, GoldMoney research director Alasdair Macleod told Max Keiser on yesterday's "Keiser Report" program on the Russia Today television network. The trend, Macleod said, implies a shift of Middle Eastern economic and political ties from West to East.

Macleod and Keiser also remark that while gold market rigging by central banks is still not widely understood and accepted, it is just part of the fully understood and accepted rigging done by central banks in the interest rate and currency markets.

Macleod appears at the 15:23 mark in the video of the program at the Russia Today archive here:

http://rt.com/shows/keiser-report/episode-528-max-keiser-270/

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



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