Antal Fekete: Has the curtain fallen on the last contango in Washington?


8:30p ET Monday, December 8, 2008

Dear Friend of GATA and Gold:

In perhaps his most brilliant analysis yet, gold market analyst and monetary historian Antal E. Fekete today updated his prediction that gold increasingly will go into backwardation and that the New York Commodities Exchange's gold market will fail soon, if not this month then in February. Fekete's analysis is headlined "Has the Curtain Fallen on the Last Contango in Washington?" and you can find it at GoldSeek here:

At 24hGold here:

And at Gold-Eagle here:

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

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