Sprott's Embry, MineWeb's Williams criticize Casey's claim to omniscience

Section:

2:18p ET Monday, July 14, 2014

Dear Friend and GATA and Gold:

Sprott Asset Management's John Embry and MineWeb's Lawrence Williams today criticize Casey Research founder Doug Casey's assertion last week that complaints of gold price suppression are "ridiculous."

"I take that as a personal affront," Embry says in an interview with King World News. "I've been around markets on a day-to-day basis longer than he has, and I can guarantee you I can identify a market that is being manipulated. And both the gold and silver markets are classic examples of manipulated markets."

Embry's comments are excerpted at the KWN blog here:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/7/14_Em...

Williams writes that Casey's disparagement comes "despite GATA's evidence to the contrary suggesting that some central banks may indeed be supporting some form of suppression, at least from time to time, to protect currencies."

... Dispatch continues below ...



ADVERTISEMENT

Buy precious metals free of value-added tax throughout Europe

Europe Silver Bullion is a fast-growing dealer sourcing its products from renowned mints, refiners, and distributors. Because of a legal loophole that will close soon, you can acquire the world's most popular bullion coins free of value-added tax throughout the European Union. You can collect your order in person at our headquarters in Tallinn, Estonia, or have it delivered in any of the 28 EU countries.

Europe Silver Bullion is owned and operated by North American and European experts in selling, storing, and transporting precious metals. We have an extensive product inventory of silver, gold, platinum, and palladium, and our network spans the world.

Visit us at www.europesilverbullion.com.



Williams' commentary is headlined "Are We Due for Another Massive Gold and Silver Price Smash?" and it's posted at MineWeb here:

http://www.mineweb.com/mineweb/content/en/mineweb-gold-analysis?oid=2473...

GATA has given Casey, in person and by e-mail, much of the official documentation of gold price suppression that is compiled in our archive here --

http://www.gata.org/taxonomy/term/21

-- but as far as we can tell, he has never looked at, responded to, or disputed any of it. He would not be alone in this respect, since many pundits consider themselves omniscient and figure that if they don't already know something, it can't be happening.

This supposed omniscience may be of great comfort to those who are engineering all sorts of stuff that is happening but would be a lot harder to engineer if more people knew about it.

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

* * *

Join GATA here:

Casey Research 2014 Summit
Hill Country Resort and Spa
San Antonio, Texas
Friday-Sunday, September 19-21, 2014

http://www.caseyresearch.com/summit/2014-fall

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
New Orleans, Louisiana
Wednesday-Saturday, October 22-25, 2014

https://jeffersoncompanies.com/landing/noic2014?IDPromotion=614011014520...

* * *

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

http://www.goldrush21.com/order.html

Or by purchasing a colorful GATA T-shirt:

http://gata.org/tshirts

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

http://gata.org/node/wallstreetjournal

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:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16