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Gold plunge was not a natural market event but an intervention, Kirby tells Schall
8:45p ET Sunday, April 28, 2013
Dear Friend of GATA and Gold:
Rob Kirby of Kirby Analytics in Toronto, consultant to GATA, tells financial journalist Lars Schall that the recent plunge in paper gold prices was so extreme that it could not have a natural market event but only a central bank intervention. Kirby calls the intervention "an act of desperation" that only sparked a great increase in purchases of real metal. The interview is 18 minutes long and can be heard at Schall's Internet site here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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