TF Metals Report: Bullion bank desperation and motive
4:15p ET Monday, March 21, 2016
Dear Friend of GATA and Gold:
Bullion banks last week seemed especially desperate to drive speculative money out of gold, the TF Metal Report's Turd Ferguson writes today. While he writes that the bullion banks also seem firmly in control of gold futures, he adds that the effort is requiring ever more paper creation from them and that another price smashing is not necessarily imminent. Ferguson's analysis is headlined "Bullion Bank Desperation and Motive" and it is posted at the TF Metals Report here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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