You are here

Another analyst notes 'middle-of-the-night attacks' on gold

Section: Daily Dispatches

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:

http://blog.smartmoneytrackerpremium.com/2015/12/gold-market-manipulatio...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org



ADVERTISEMENT

USAGold: Coins and bullion since 1973


USAGold, well known for its Internet site, USAGold.com, offers contemporary bullion coins and bullion-related historic gold coins for delivery to private investors in the United States, Europe, Canada, Australia, and New Zealand. It is one of the oldest and most respected names in the gold industry, with thousands of clients and an approach to investment that emphasizes guidance and individual needs over high-pressure sales tactics. The firm's zero-complaint record at the Better Business Bureau makes it an ideal match for the conservative, long-term investor looking for a reliable contact in the gold business.

Please call 1-800-869-5115x100 and ask for the trading desk, or visit:

http://www.USAGold.com

USAGold: Great prices, quick delivery -- all the time.



Support GATA by purchasing DVDs of GATA's London conference in August 2011 or GATA's 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