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Home > Antal Fekete: Has Barrick been barricked by the U.S.?

Antal Fekete: Has Barrick been barricked by the U.S.?

Submitted by cpowell on Thu, 2009-09-10 20:41 Section: Daily Dispatches

8:40p ET Thursday, September 10, 2009

Dear Friend of GATA and Gold:

Economist Antal Fekete writes tonight that Barrick Gold's plan to close most of its gold hedges won't be enough to avert the ruin of the company in a rising gold market. Fekete adds that the timing of Barrick's announcement makes him more inclined to believe that Barrick has not been operated as a real mining company at all but as part of a U.S. government scheme to suppress the price of gold. Fekete's commentary is headlined "Has Barrick Been Barricked by the U.S.?" and you can find it at GoldSeek here:

http://news.goldseek.com/GoldSeek/1252609733.php [1]

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

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Source URL: https://www.gata.org/node/7777

Links
[1] http://news.goldseek.com/GoldSeek/1252609733.php
[2] http://thesilversummit.com
[3] http://www.cambridgeconferences.com/ch_tor2009.html
[4] http://guest.cvent.com/EVENTS/Info/Custom.aspx?cid=21&e=a65db79c-b415-4b
[5] http://gata.org/tshirts
[6] http://www.gata.org
[7] http://www.gata.org/node/16