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TF Metals Report: Time to lay low
11:20a ET Friday, September 22, 2017
Dear Friend of GATA and Gold:
Bullion banks are flushing speculative longs out of the gold and silver futures markets again, the TF Metals Report says today, gunning for the moving averages of prices, which had been bullish.
The TF Metals Report says: ""With the banks still firmly in charge (and not on the run or any of that other nonsense), we all knew that this latest spec rinse was coming and that it was only a matter of time. All we can do now is sit back and watch while we wait for the next entry point and rally. As of today it looks like we'll need to give it about two weeks or so to play out."
The commentary is headlined "Time to Lay Low" and it's posted here:
https://www.tfmetalsreport.com/blog/8573/time-lay-low
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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