Central banks that leased gold won't get it back, Sprott tells King World News
Submitted by cpowell on Fri, 2012-11-30 19:38. Section: Daily Dispatches
2:30p ET Friday, November 30, 2012
Dear Friend of GATA and Gold:
Sprott Asset Management CEO Eric Sprott today tells King World News that central banks that have allowed their gold to be leased through intermediary central banks and now are thinking of repatriating it will discover that it is gone and they can't get it back.
Meanwhile, Sprott adds, the monetary metals markets are getting tighter. An excerpt from the interview is posted at the King World News blog here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/11/30_B...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
end