Net Asset Value Premiums of Certain Precious Metal Trusts and Funds – Why A Gold Crisis Looms

(Before It's News)

from Jesse’s Café Américain

It is a slow day today with the usual end of week profit taking. Even the monetary whack-a-mole, Zimbabwe Ben, popped his head out today to give a verbal goose to the markets.

I came across an article that addresses an interesting phenomenon that rarely gets an airing, except perhaps by those stalwarts in GATA.

“The World Gold Council recently released its second quarter statistics on gold “demand and supply trends”. For those not familiar with the WGC, it is an “industry trade group” composed of large-cap gold miners who love bankers.

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