You are here
Mish Shedlock misrepresents GATA
1:07p ET Thursday, June 4, 2020
Dear Friend of GATA and Gold:
In his June 1 commentary, "Speculators Dump Gold But Price Goes Up Anyway" --
-- market analyst and money manager Mish Shedlock grossly misrepresents GATA with this assertion:
"Many gold analysts, from the mainstream to fringe groups such as the Gold Anti-Trust Action Committee, claim that they can predict what the gold price will do by adding up annual fabrication and investment demand (as well as de-hedging demand by miners) and contrasting the resulting total with annual supply (mine supply, central bank selling, disinvestment and scrap). In short, they analyze the gold market in the same manner as they would analyze the copper market."
This is completely false and Shedlock provides no evidence for his assertion.
GATA does not claim that we can predict the gold price by calculating and integrating the variables Shedlock cites.
Rather, GATA exposes, documents, and challenges the government-instigated and underwritten manipulations of and interventions in the monetary metals markets, manipulations and interventions Shedlock never dares to acknowledge.
GATA's documentation is archived here --
-- and much of it is summarized here:
If he ever gains any intellectual honesty, Shedlock is welcome to address it, document by document.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Asante Gold pursues high-margin, low-capex projects
in Ghana, Africa's largest and safest gold producer
Asante Gold Corporation (CSE:ASE / Frankfurt: 1A9 / U.S.OTC:ASGOF) is focused on developing high-margin, low capital-expense gold projects in Ghana, Africa's largest and safest gold producer.
Our experienced team members have developed 18 million ounces of gold resources in Ghana and have managed its largest underground mine.
We plan to develop our projects in a safe and environmentally sustainable way using new green technology and methods.The first mine we plan to build, Kubi, will be powered by a four-megawatt solar plant.
We believe gold is the only real money and is the basis of all money. We believe in sharing our future earnings with our shareholders. We invite you to join with us to help us finance and grow in this new 2020 super bull gold market. Visit us here:
Toast to a free gold market
with great GATA-label wine
Wine carrying the label of the Gold Anti-Trust Action Committee, cases of which were awarded to three lucky donors in GATA's recent fundraising campaign, are now available for purchase by the case from Fay J Winery LLC in Texarkana, Texas. Each case has 12 bottles and the cost is $240, which includes shipping via Federal Express.
Here's what the bottles look like:
Buyers can compose their case by choosing as many as four varietals from the list here:
GATA will receive a commission on each case of GATA-label wine sold. So if you like wine and buy it anyway, why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals?
To order a case of GATA-label wine, please e-mail Fay J Winery at firstname.lastname@example.org.
* * *
Support GATA by purchasing
Stuart Englert's "Rigged"
"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon --
-- or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at email@example.com.
* * *
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:
To contribute to GATA, please visit: