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Tekoa da Silva: Comex gold inventories collapsing
10:45a ET Tuesday, April 9, 2013
Dear Friend of GATA and Gold:
Comex gold inventories have fallen dramatically in the last 90 days, the metal being removed from Comex warehouses, Tekoa da Silva reports today at the Bull Market Thinking Internet site. Da Silva quotes market analyst Nick Laird as saying that, until now, Comex gold inventories had been rising since gold's bull market began in 2001. Most of the metal departing lately seems to have been coming out of JPMorganChase's vaults. Does this indicate trouble for the Western central banks and their bullion bank agents in continued execution of the gold price suppression scheme? Or has it long been silly to give credence to any official gold data?
In any case da Silva's report is posted at Bull Market Thinking here:
http://bullmarketthinking.com/comex-gold-inventories-collapse-by-largest...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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