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TF Metals Report: Gold rises when JPM takes delivery, falls when JPM has to deliver
9:04a HKT Wednesday, October 2, 2013
Dear Friend of GATA and Gold:
Turd Ferguson of the TF Metals Report writes today that so far this year the gold price has risen in futures contract delivery months when JPMorganChase has been taken most deliveries and has fallen in delivery months when the bank has been making most deliveries. Ferguson's commentary is headlined "The Pattern Re-Emerges" and it's posted at the TF Metals Report here:
http://www.tfmetalsreport.com/blog/5112/pattern-re-emerges
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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