Bullion banks fleece gold longs so price can rise again, Embry tells KWN

Section:

1:43p ET Monday, January 30, 2017

Dear Friend of GATA and Gold:

Sprott Asset Management's John Embry, interviewed by King World News today, notes the huge decline in active gold futures contracts on the New York Commodity Exchange in the last few days, indicating that the bullion banks have done their usual fleecing of speculative longs in preparation for another surge in the price. Embry's comments are posted at KWN here:

http://kingworldnews.com/emery-a-jaw-dropping-8-6-million-ounces-of-pape...

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



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Friday, January 27, 2017

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