Koos Jansen: Chinese commodity financing deals in gold are greatly exaggerated

Section:

9:05p ET Monday, May 26, 2014

Dear Friend of GATA and Gold:

Chinese commodity financing deals using gold as collateral have been greatly exaggerated, gold researcher and GATA consultant Koos Jansen reports today. The World Gold Council estimates that the deals may involve as much as 1,000 tonnes of gold while Jansen estimates that it is no more than 100. His commentary is headlined "Mainstream Media Exaggerated Chinese Commodity Financing Deals" and it's posted at his Internet site, In Gold We Trust, here:

http://www.ingoldwetrust.ch/mainstream-media-exaggerated-chinese-commodi...

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



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