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Miles Franklin's Holter, TF Metals Report sense trouble with Comex gold
1:55p ET Monday, November 24, 2015
Dear Friend of GATA and Gold:
Miles Franklin market analyst Bill Holter writes today that he sees signs that someone is trying to corner the December gold contract on the New York Commodity Exchange:
http://blog.milesfranklin.com/is-comex-being-cornered
The TF Metals Report's Turd Ferguson also sees signs of strain in Comex gold:
http://www.tfmetalsreport.com/blog/6393/november-delivery-comex-odyssey
Your secretary/treasurer doesn't pay much heed to the Comex data, figuring that any shortages of metal for delivery there can always be remedied with by a call from the uncomfortably short bullion bank to the Federal Reserve Bank of New York, imploring the latter to send over the necessary metal by dipping into whatever is left of the German Bundesbank's deposit. The Bundesbank won't mind.
But someday even the foreign custodial gold vaulted with the U.S. government may be exhausted and free markets, fair dealing among nations, and simple truth may start breaking out all over, a great day announced, if not by Comex, then by something even grander:
Gabriel will warn you.
Some early morn you
Will hear his horn,
Rooty-tootin'.
https://www.youtube.com/watch?v=OqvlucAVoqI
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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