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Saville has no time to answer challenging questions

Section: Daily Dispatches

3:19p ET Wednesday, June 15, 2016

Dear Friend of GATA and Gold:

Yesterday your secretary/treasurer tried to put to newsletter writer Steve Saville 11 questions to dispute his assertion this week, in an essay headlined "Four Charts that Invalidate the Gold Price Suppression Story" --

-- that complaints about manipulation of the gold market are nonsense.

Your secretary/treasurer's challenge to Saville was headlined "Saville Loves His Charts But They Don't Answer the Market-Rigging Question":

Your secretary/treasurer's questions largely involved GATA's extensive documentation of surreptitious intervention in the gold market by governments.

In a short posting at his Internet site today, headlined "I Don't Love Charts!," Saville replied that responding to the questions "would not be a good use of my time." Instead he simply professed his good intentions and integrity:

Of course the questions for which Saville lacks time are only the questions for which all writers who provide technical analysis of the markets generally and the gold market particularly never have time. For honest answers would put their craft out of business. These writers make sweeping assertions on a subject about which they are supremely uninformed but can't defend them.

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


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