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Proof that Monday's gold smash was not a 'fat finger' mistake but an algorithm attack

Section: Documentation

5:57p ET Wednesday, January 8, 2014

Dear Friend of GATA and Gold:

Market data provider Nanex in Winnetka, Illinois, tonight produces proof that Monday's smash down in the gold futures market was not a mistaken "fat finger" trade but the product of a high-frequency algorithm trading program painstakingly designed to take the market down. Nanex's report, with great charts, is here:

http://www.nanex.net/FlashCrash/OngoingResearch.html

Zero Hedge's commentary on the report is here:

http://www.zerohedge.com/news/2014-01-08/proof-golds-latest-slam-was-not...

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



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Join GATA here:

Vancouver Resource Investment Conference
Vancouver Convention Centre West
Sunday-Monday, January 19-20, 2014
Vancouver, British Columbia, Canada

http://www.cambridgehouse.com/event/vancouver-resource-investment-confer...

GATA Reception in Vancouver
Free admission, cash bar
5-8 p.m. Monday, January 20, 2014
Lions Pub, 888 West Cordova St.
Vancouver, British Columbia, Canada

Mines and Money Hong Kong
Hong Kong Convention and Exhibition Centre
Monday-Friday, March 24-28, 2014
Hong Kong Special Administrative Region, China

http://www.minesandmoney.com/hongkong/

* * *

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

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

http://gata.org/node/wallstreetjournal

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Jim Sinclair plans seminars in Asheville and Austin

Gold advocate and mining entrepreneur Jim Sinclair will hold his next market seminars from 2 to 6 p.m. Saturday, January 25, at the Clarion Inn Asheville, 550 Airport Road, Fletcher, North Carolina, and from 2 to 6 p.m. Saturday, February 8, at the Austin, Texas, Airport Hilton. Advance registration is required.

Details for the Asheville seminar are posted at Sinclair's Internet site, JSMineSet.com, here:

http://www.jsmineset.com/2014/01/07/north-carolina-qa-session-venue-conf...

Details for the Austin seminar are posted at JSMineSet.com here:

http://www.jsmineset.com/2014/01/02/austin-texas-qa-session-confirmed/