GoldCore: 2014 was when 'conspiracy theory' became 'conspiracy fact'

2p ET Saturday, January 3, 2015

Dear Friend of GATA and Gold:

The year 2014 was when "conspiracy theory" about gold market rigging became "conspiracy fact" as banks were found to have conspired to rig not only gold prices but also silver prices, currencies, and interest rates, GoldCore's year-in-review commentary notes.

"Peculiar single trades or handfuls of trades leading to sudden gold and silver price falls continued in 2014 and contributed to gold's and silver's weakness," GoldCore writes. "Price falls were often seen at times when markets were less liquid. As ever, price falls were driven by the futures market in electronic and increasingly computer-driven trading -- despite no reports of any major liquidations of physical metal. Indeed, they often came at times of strong global physical demand."

GoldCore's year-end commentary is posted here:

http://www.goldcore.com/us/gold-blog/review-2014-gold-second-best-curren...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

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