Another analyst notes 'middle-of-the-night attacks' on gold
2:46p ET Wednesday, December 23, 2015
Dear Friend of GATA and Gold:
Financial letter writer Gary Savage yesterday posted on his blog some technical analysis he considers as proving gold price suppression by the big players in the gold futures market. While GATA has little use for technical analysis of markets in which central banks intervene directly and through intermediaries, at least Savage repeatedly notes what he calls the "middle-of-the-night attacks" that have been necessary to push the gold price down, and he predicts that as natural market forces reassert themselves at last, Jim Sinclair, GATA, and others who have complained about market manipulation will be vindicated.
That much as least we can hope travels speedily from Savage's keyboard to the ear of the Great Market Manipulator -- and we don't mean Janet Yellen or Jack Lew.
Savage's analysis can be found in video form at his blog, Smart Money Tracker, here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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