TF Metals Report: Understanding the latest bank participation report

Section:

11a ET Wednesday, July 9, 2014

Dear Friend of GATA and Gold:

The TF Metals Report's Turd Ferguson today construes the latest trader positioning data in gold futures in support of his premise that the big bullion banks are flipping between long and short to suppress the price because their gold vaults are nearly empty. Ferguson's commentary is headlined "Understanding the Latest Bank Participation Report" and it's posted at the TF Metals Report here:

http://www.tfmetalsreport.com/blog/5918/understanding-latest-bank-partic...

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



ADVERTISEMENT

New from GoldCore:
A Price Match Guarantee On All Popular Coins and Bars

GoldCore now offers a price match guarantee -- the company will match prices offered by bullion dealers internationally. The guarantee applies on all orders over $10,000 and on all popular coins (Sovereigns, Eagles, Maples, Krugerrands, etc.) and bars. GoldCore remains highly competitive and its prices are among the best in the industry.

To take advantage of this price match guarantee and GoldCore's already low premiums, please email info@goldcore.com or telephone our trading desk:

International: +353 (0)1 632 5010. UK: +44 (0)203 086 9200. US: +1 (302)635 1160.



Join GATA here:

Casey Research 2014 Summit
Hill Country Resort and Spa
San Antonio, Texas
Friday-Sunday, September 19-21, 2014

http://www.caseyresearch.com/summit/2014-fall

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
New Orleans, Louisiana
Wednesday-Saturday, October 22-25, 2014

https://jeffersoncompanies.com/landing/noic2014?IDPromotion=614011014520...

* * *

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



ADVERTISEMENT

Jim Sinclair plans gold investing seminar
in Seattle on Saturday, July 12

Gold advocate and mining entrepreneur Jim Sinclair will hold his next gold investing seminar from 1 to 5 p.m. on Saturday, July 12, at the Hilton Seattle hotel, 1301 6th Ave., Seattle, Washington. Admission will be $100. For more information, please visit:

http://www.jsmineset.com/qa-session-tickets/