Available Gold Supply Disappearing As Gold Price Plunges
June 27, 2013
With gold breaking the $1,200 level, today a legend in the business warned King World News that continued manipulation by Western governments in the gold market is now destroying future gold supply. Keith Barron, who consults with major companies around the world and is responsible for one of the largest gold discoveries in the last quarter century, also warned KWN that available physical supplies of gold are disappearing as the plunge in the gold price intensifies to the downside.
Barron: “ETFs continue to be stripped of gold and the bullion banks continue selling the gold overseas when they can arbitrage the price. So investors just need to sit tight and ride this out because available physical supplies of gold are dwindling rapidly….