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Gold price manipulation is spelled out to CFTC

Section: Daily Dispatches

11:10p ET Sunday, July 20, 2008

Dear Friend of GATA and Gold:

A financial planner from Chicago, Marcus C. Rodriguez, has written a wonderful letter to the U.S. Commodity Futures Trading Commission documenting the manipulation of the price of gold on U.S. commodities exchanges and urging the commission to compare that manipulation with the huge gold derivative positions held by JPMorganChase, Bank of America, and Citibank. It could only help if other Americans wrote to the CFTC in support of an investigation of the issue Rodriguez has raised.

You can find Rodriguez's letter to the CFTC here:

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

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