Another gold market observer suspects West-to-East arbitrage

Section:

4:26p ET Tuesday, July 2, 2013

Dear Friend of GATA and Gold:

Bull Market Thinking's Tekoa da Silva today interviews newsletter writer and gold trader Gary Savage about market manipulation and finds Savage joining those who suspect that it has created an arbitrage play -- converting discounted gold futures to metal in the West and shipping it to the East to collect the high premiums on real metal there. Savage adds that manipulated markets tend to snap back violently. Maybe, but then market manipulations don't always have central banks behind them. The interview is posted at Bull Market Thinking's Internet site here:

http://bullmarketthinking.com/gold-trader-this-is-what-has-to-happen-to-...

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



ADVERTISEMENT

Jim Sinclair to hold seminars in July
in Chicago, Vancouver, and Scottsdale

Mining entrepreneur and gold trader Jim Sinclair is planning three more seminars on his view of the markets and gold's prospects -- in Chicago on Monday, July 8, in Vancouver on Wednesday, July 10, and in Scottsdale, Arizona, on Friday, July 12. Details can be found at his Internet site, JSMineSet.com, here:

http://www.jsmineset.com/2013/06/13/chicago-vancouver-and-scottsdale-qa-...



Support GATA by purchasing DVDs of our London conference in August 2011 or our Dawson City conference in August 2006:

http://www.goldrush21.com/order.html

Or by purchasing a colorful GATA T-shirt:

http://gata.org/tshirts

Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:

http://gata.org/node/wallstreetjournal

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16