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CNBC notes 'mysterious' gold dump just ahead of employment report
1:45p ET Friday, June 7, 2013
Dear Friend of GATA and Gold:
Gene Arensberg of the Got Gold Report calls attention to CNBC's report of a burst of seemingly "mysterious" gold futures contract dumping that took place today a fraction of a second before publication of the U.S. government's employment report. CNBC finds the dumping suspicious in the sense of possible leaking of the employment report. But of course GATA is inclined to suspect that there was no leaking at all and that the gold contract dumping was done by the government itself through its bullion bank agents so that the employment report might be perceived by the markets as the government would like it to be perceived, favorably. Arensberg's preface and his link to the CNBC report are posted at the Got Gold Report's Internet site here:
http://www.gotgoldreport.com/2013/06/mysterious-early-gold-trade-friday-...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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