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Declining gold mine production threatens futures contracts, Barron says
2p ET Thursday, July 25, 2013
Dear Friend of GATA and Gold:
Geologist and mining entrepreneur Keith Barron tells King World News today that low gold prices are suppressing mine production and the viability of mining companies and thereby raising the possibility that gold may not be available for delivery against futures contracts. Meanwhile, Barron adds, Western gold is steadily being shipped to Asia, which is paying a premium for real metal. An excerpt from the interview is posted at the King World News blog here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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