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Government intervention against gold fails again to make Hathaway's list
12:31p ET Monday, April 12, 2021
Dear Friend of GATA and Gold:
In his latest report, Sprott Asset Management's John Hathaway writes that "four familiar refrains explain gold's recent correction." Surreptitious intervention by governments and central banks with the assistance of the Bank for International Settlements again fails to make Hathaway's list, though intervention in the gold market by the BIS on behalf of its member central banks appears to have reached a record level --
-- and the Bank of England is refusing to answer whether it has returned to the gold-leasing business:
Even that can't evoke any curiosity from Hathaway. His exquisite dance around the elephant in the room is headlined "The Gold Investment Thesis Revisited" and can be found at the Sprott internet site here:
https://sprott.com/insights/sprott-gold-report-the-gold-investment-thesi...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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