GATA | THE GATA DISPATCH (January 22, 2013).: Wall Street's diversionary propaganda; and gold mine production's irrelevance
Wall Street's diversionary propaganda; and gold mine production's irrelevance Submitted by cpowell on 09:04AM ET Tuesday, January 22, 2013. Section: Daily Dispatches 8:55a PT Tuesday, January 22, 2013 Writing at the Underground Investor, J.S. Kim details and denounces the propagranda from Wall Street that diverts investors from the one asset that protects them, the monetary metals: http://www.theundergroundinvestor.com/2013/01/the-one-chart-that-explain... And at Financial Sense, Robert Blumen dissects the elements acting on the gold price and notes that annual gold mine production has negligible influence, as gold is hoarded, not consumed like other commodities: http://www.financialsense.com/contributors/robert-blumen/misunderstandin... CHRIS POWELL, Secretary/Treasurer Gold Anti-Trust Action Committee Inc.