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Gold futures smashes at odds with fundamentals, John Ing tells King World News

Submitted by cpowell on 08:05PM ET Wednesday, April 24, 2019.
Section: Daily Dispatches
4p ET Wednesday, April 24, 2019

Dear Friend of GATA and Gold:

Recent smashes in the gold futures market don't reflect the monetary metal's fundamentals, gold market analyst John Ing tells King World News this week. With central banks aggressively buying, the Bank for International Settlements proclaiming gold as good as cash and government bonds, and gold miners acquiring each other, Ing says, the metal seems to be a bargain at the moment. Ing's comments are posted at KWN here:

https://kingworldnews.com/legend-connected-in-china-at-the-highest-levels-says-basel-iii-is-fueling-central-bank-gold-buying/

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
[e-mail]

God Bless