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MineWeb's Lawrence Williams remarks on how obvious gold market manipulation is
8:35a ET Friday, September 13, 2013
Dear Friend of GATA and Gold:
MineWeb's Lawrence Williams remarks today about how obvious gold price suppression has become. It involves, he writes, "the unloading of a lot of gold contracts in a very short time at a time of day when there is normally little or no activity in the markets, and no news story being released that might have precipitated such a dramatic shift. This has happened for both of the past two days, and we can probably expect more of the same. This is manipulation pure and simple. It's not a logical pattern for any dealer to follow to generate maximum value for their sales, although arguably those holding big short positions would find the moves more than satisfactory."
But can this manipulation ever be obvious enough for the mainstream financial news media, gold and silver mining companies themselves, and the World Gold Council to notice it and say something about it? Those are the parties that could stop it, so that seems to be the big question.
Williams' commentary is headlined "Gold Knocked Down Again ... and Again" and it's posted at MineWeb here:
http://www.mineweb.com/mineweb/content/en/mineweb-gold-analysis?oid=2048...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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