You are here
Avery Goodman: Market manipulators choose Chinese holiday to smash gold
10:25a ET Wednesday, October 5, 2016
Dear Friend of GATA and Gold:
Colorado securities lawyer (and novelist) Avery Goodman today provides excellent analysis of yesterday's smashing of monetary metals futures prices.
He suspects a desire by bullion banks, the agents of central banks, to cover their enormous short positions. The timing of the smash, during a weeklong market holiday in China, deepens such suspicion.
Goodman also suspects the imminence of an event like a major bank failure that could explode monetary metals prices.
In these circumstances,Goodman writes, he does not expect lower prices to last long.
His commentary is headlined "Market Manipulators Choose a Chinese Holiday to Massively Attack Gold Prices" and it's posted at his internet site here:
http://averybgoodman.com/myblog/2016/10/05/why-gold-prices-dropped-so-dr...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
NewCastle Gold's New CEO, Gerald Panneton, Hits the Ground Running
By Tommy Humphreys
CEO.ca
Tuesday, September 6, 2016
Mining entrepreneur Gerald Panneton took a few years off after building one of Canada's largest gold miners, Detour Gold. He raced performance cars in his down time, and conducted due diligence on various mining assets to potentially back.
This summer, the geologist set his sights on NewCastle Gold (TSXV:NCA), owner of a past-producing gold mine in California with similarities to Detour Gold in its early days. ...
... For the remainder of the report:
https://ceo.ca/@tommy/new-newcastle-gold-ceo-gerald-panneton-hits-the-gr...
Join GATA here:
New Orleans Investment Conference
Wednesday-Saturday, October 26-29, 2016
Hilton New Orleans Riverside
New Orleans, Louisiana
http://neworleansconference.com/wp-content/uploads/2016/08/2016_Powell.html
Help GATA by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006:
http://www.goldrush21.com/order.html
Or by purchasing a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:
Help keep GATA going
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit:
