LBMA gold shorts backed by central banks

LBMA gold shorts backed by central banks, Rickards tells King World News

Submitted by cpowell on Sun, 2010-05-23 01:08. Section: Daily Dispatches

9p ET Saturday, May 22, 2010

Dear Friend of GATA and Gold:

Eric King today has a spectacular 15-minute interview with James G. Rickards, senior managing director for Virginia-based research firm Omnis Inc., that has been written up wonderfully at Zero Hedge here:

http://www.zerohedge.com/article/jim-rickards-discusses-financial-warfar...

Perhaps most interestingly, Rickards speculates that London Bullion Market Association members that are short gold are underwritten by central banks. That would confirm GATA's contention that the LBMA is a major mechanism of the gold price suppression scheme. Send that man his tin-foil hat!

You can find the Rickards interview at King World News here:

http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2010/5/22_J...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.