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Only central banks could handle recent losses on gold futures sales, Turk says

Section: Daily Dispatches

3:39p ET Sunday, June 30, 2019

Dear Friend of GATA and Gold:

At King World News this weekend, GoldMoney founder James Turk says only central banks could accommodate the sort of losses -- more than $2 billion -- suffered by gold futures sellers since April:

And Swiss gold fund manager Egon von Greyerz says another Swiss bank seems to have misplaced its client's gold, a reminder that no gold investor should store his gold with a bank:

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


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