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Dimitri Speck: Can investors trust the new gold fixing?
11:52a ET Monday, November 23, 2015
Dear Friend of GATA and Gold:
Market analyst and GATA consultant Dimitri Speck reported yesterday that reform of the London gold price fixing process seems to have concentrated price suppression at the morning fix and that the afternoon fix seems to be left alone. In any case, Speck adds, gold price suppression now occurs primarily in the futures markets rather than in the London fixing. Speck's analysis is headlined "Can Investors Trust the New Gold Fixing?" and it's posted at the Acting Man Internet site here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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