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Toby Connor: The hidden agenda behind the bear raid
2:51p ET Tuesday, August 13, 2013
Dear Friend of GATA and Gold:
Financial blogger Toby Connor writes this week that the recent smash in the gold market likely was undertaken by big investment houses aiming to get extra-profitably long before the monetary metal's next move upward. This was manipulation, Connor writes, but he doesn't attribute it to central banks. Good enough, but if Connor can see a distinction between central banks and the big investment houses, he must have an awfully good electron microscope. His commentary is headlined "Gold: The Hidden Agenda Behind the Bear Raid" and it's posted at his Internet site, GoldScents, here:
http://www.goldscents.blogspot.com/2013/08/gold-hidden-agenda-behind-bea...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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