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Bron Suchecki: Demand-price disconnect
7:23a ET Tuesday, August 16, 2015
Dear Friend of GATA and Gold:
Perth Mint research director Bron Suchecki today disputes assertions that demand for the monetary metals is rising as prices are falling and that market manipulation is the only explanation. While acknowledging market manipulation, Suchecki argues that futures market longs are as "naked" as futures market shorts -- that is, longs are speculating on margin and don't have the money to demand delivery and "crash the Comex."
Suchecki's commentary is headlined "Demand-Price Disconnect" and it's posted at the Perth Mint's Internet site here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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