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Avery Goodman: Smashes in gold foretell a big move up
8:58a ET Saturday, July 8, 2017
Dear Friend of GATA and Gold:
Securities lawyer and market analyst Avery Goodman today describes the gold swap mechanisms being used by central banks and by the U.S. government particularly for suppressing the monetary metal's price, and he argues that the investment banks assisting the central banks in this scheme are smashing the gold futures market so they can exit their short positions at the expense of hedge funds and speculators. These smashes, Goodman asserts, signal a big move up in gold. Goodman's analysis is headlined "Recent Gold Price Declines = The Cusp of an Upward Move" and it's posted at his internet site here:
http://averybgoodman.com/myblog/2017/07/08/recent-gold-price-declines-th...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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