You are here

In broadcast to India, GATA secretary says free market in gold would enrich the country

Section: Daily Dispatches

3:50p SST Wednesday, March 29, 2017

Dear Friend of GATA and Gold:

In a broadcast from Singapore yesterday, CNBC's news channel affiliate in India, CNBC-TV18, gave your secretary/treasurer six minutes to assert that for the time being the gold price will be determined largely by surreptitious trading by central banks and that India's government should stop fighting the desire of its people for golden money. Your secretary/treasurer argued that while India is a developing country, with an estimated 24,000 tonnes of the monetary metal in private and temple possession, it might become the richest country if gold was allowed to trade without central bank interference.

CNBC-TV18 has posted video of the interview at its internet site, MoneyControl.com, here:

http://www.moneycontrol.com/news/business/markets-business/gold-prices-i...

It's also posted at You Tube here:

https://www.youtube.com/watch?v=zEvmOxhO7Xw&feature=youtu.be

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org



ADVERTISEMENT

U.K.-based class action planned
against worldwide gold and silver rigging

A British law firm, Leon Kaye Solicitors, with offices in London, Portugal, and Spain, is contemplating bringing a class-action lawsuit under the United Kingdom's Competition Act against financial institutions suspected or already accused of manipulating the gold and silver markets. The firm is seeking contact with investors who believe they may have been harmed by such manipulation. Any investor worldwide may be able to participate.

For more information, please visit:

http://www.leonkaye.co.uk/class-actions/possible-manipulation-gold-silve...



Join GATA here:

Mines and Money Asia
Wednesday-Friday, April 5-7, 2017
Hong Kong Convention and Exhibition Centre
http://asia.minesandmoney.com/

International Metal Writers Conference
Sponsored by Cambridge House
Sunday-Monday, May 28-29, 2017
Vancouver Convention Centre, East Building
Canada Place
Vancouver, British Columbia, Canada
http://cambridgehouse.com/event/68/international-metal-writers-conference

GATA Reception at the International Metal Writers Conference
5-8 p.m. Monday, May 29, 2017
Lions Pub
888 West Cordova St.
Vancouver, British Columbia, Canada

* * *

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