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TF Metals Report: Gold and silver now higher than before rate hike
12:27p ET Monday, December 21, 2015
Dear Friend of GATA and Gold:
Gold and silver today are above their prices when the Federal Reserve raised interest rates this month, the TF Metals Report's Turd Ferguson writes, noting that the investment banks that function as agents of central banks have unloaded their short position in gold futures. Ferguson estimates that the central bank agents have made about a billion dollars in their latest round of manipulating the monetary metals markets. Ferguson's commentary is headlined "Gradual Rally into Year-End" and it's posted at the TF Metals Report here:
http://www.tfmetalsreport.com/blog/7347/gradual-rally-year-end
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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