Russ Winter: China successfully hunts where there is gold


5:57p ET Monday, December 23, 2013

Dear Friend of GATA and Gold:

The work of GATA consultant Koos Jansen and our friend Turd Ferguson is cited at length in commentary by financial letter writer and former stockbroker Russ Winter, who sees high probability that JPMorganChase's recent turn long in the gold market represents acquisition for China.

But Winter thinks the recent attacks on the gold price really are the work of speculators rather than central banks. He writes: "There has been some speculation as to who keeps indiscriminately selling gold in the paper market. Central banks are mentioned a lot. However, at these prices, I don't think it serves the interests of the United States to create conditions whereby China grabs thousands of tonnes of cheap gold in lieu of U.S. Treasuries. Nor is it in the U.S. interest to encourage China to make an announcement that the People's Bank of China holds more gold than Fort Knox. It is a little thing called prestige and waving a big stick."

Winter's commentary is headlined "China Successfully Hunts Where There Is Gold" and it's posted at his newsletter's Internet site, Winter Actionables, here:

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


You Don't Have to Wait for Your Monetary Metal:
All Pro Gold Has Product for Immediate Delivery

Many investors lately report having to wait weeks and even months for delivery of their precious metal orders. All Pro Gold works with the largest wholesalers that have inventory "live" -- ready to go. All Pro Gold can ship these "live" gold and silver products as soon as payment funds clear.

All Pro Gold can provide immediate delivery of 100-ounce Johnson Matthey silver bars, bags of 90 percent junk silver coins, and 1-ounce silver Austrian Philharmonics.

All Pro Gold can deliver silver Canadian maple leafs with a two-day delay and 1-ounce U.S. silver eagles with a 15-day delay.

Traditional 1-ounce gold bullion coins and mint-state generic gold double eagles are also available for immediate delivery.

All Pro Gold has competitive pricing, and its proprietors, longtime GATA supporters Fred Goldstein and Tim Murphy, are glad to answer any questions or concerns of buyers about the acquisition of precious metals and numismatic coins.

Learn more at or email or telephone All Pro Gold toll-free at 1-855-377-4653.

Join GATA here:

Vancouver Resource Investment Conference
Vancouver Convention Centre West
Sunday-Monday, January 19-20, 2014
Vancouver, British Columbia, Canada

Mines and Money Hong Kong
Hong Kong Convention and Exhibition Centre
Monday-Friday, March 24-28, 2014
Hong Kong Special Administrative Region, China

* * *

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

Or by purchasing a colorful GATA T-shirt:

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

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:

To contribute to GATA, please visit: