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Robert Appel: Technical analysis is of little use in manipulated gold market
8:16a ET Tuesday, August 23, 2016
Dear Friend of GATA and Gold:
Profit Confidential's Robert Appel writes today that the contest in the gold market is not between bulls and bears but between legitimate buyers and, on the sell side, central banks and their bullion bank agents manipulating the market. Appel adds that in such circumstances technical analysis of the market is of little use. His analysis is headlined "Triple-Digit Upside for Direxion Shares Exchange-Traded Fund Trust?" and it's posted at Profit Confidential here:
http://www.profitconfidential.com/stock/triple-digit-upside-for-direxion...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
The Gold Mine Barrick Might Regret Having Sold
K92 Mining is poised for production at its Papua New Guinea gold project and has just listed on the Toronto Venture exchange under the symbol KNT.V.
The gold mining startup came together during one of the toughest periods in mining history.
K92's main asset is the Kainantu project, a large high-grade gold resource with extensive infrastructure including underground mine development, a mill processing facility, a fully permitted tailings pond, and paved roads. The infrastructure means K92 can aim to restart mining in the near term with minimal capital costs and seek to grow through cash-flow funded exploration on the roughly 405-square kilometer property, considered prospective for additional discoveries.
For more information, please visit:
https://ceo.ca/@tommy/the-gold-mine-barrick-might-regret-selling
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New Orleans Investment Conference
Wednesday-Saturday, October 26-29, 2016
Hilton New Orleans Riverside
New Orleans, Louisiana
http://neworleansconference.com/wp-content/uploads/2016/08/2016_Powell.html
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http://www.goldrush21.com/order.html
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