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Sharps Pixley's Williams cites Ted Butler and GATA's Ed Steer

Section: Daily Dispatches

12:44p ET Friday, December 8, 2017

Dear Friend of GATA and Gold:

Sharps Pixley's Lawrie Williams this week calls attention to silver market analyst Ted Butler's observation that not just JPMorganChase but also Goldman Sachs seem to be acquiring large amounts of gold and silver via the New York Commodity Exchange. Williams adds that GATA's Ed Steer notes that the recent price smashes in the monetary metals seem to result from more futures market manipulation.

"If Ted and Ed are correct," Williams writes, "then it looks like JPMorgan and Goldman Sachs could be positioning themselves for a big turnaround in the precious metals markets led, of course, by gold.

Williams' commentary is headlined "JPM and Goldman Building Big positions in Physical Gold and Silver -- Butler" and it's posted at Sharps Pixley here:

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


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