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Another gold market observer suspects West-to-East arbitrage
4:26p ET Tuesday, July 2, 2013
Dear Friend of GATA and Gold:
Bull Market Thinking's Tekoa da Silva today interviews newsletter writer and gold trader Gary Savage about market manipulation and finds Savage joining those who suspect that it has created an arbitrage play -- converting discounted gold futures to metal in the West and shipping it to the East to collect the high premiums on real metal there. Savage adds that manipulated markets tend to snap back violently. Maybe, but then market manipulations don't always have central banks behind them. The interview is posted at Bull Market Thinking's Internet site here:
http://bullmarketthinking.com/gold-trader-this-is-what-has-to-happen-to-...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Jim Sinclair to hold seminars in July
in Chicago, Vancouver, and Scottsdale
Mining entrepreneur and gold trader Jim Sinclair is planning three more seminars on his view of the markets and gold's prospects -- in Chicago on Monday, July 8, in Vancouver on Wednesday, July 10, and in Scottsdale, Arizona, on Friday, July 12. Details can be found at his Internet site, JSMineSet.com, here:
http://www.jsmineset.com/2013/06/13/chicago-vancouver-and-scottsdale-qa-...
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