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Craig Hemke at Sprott Money: The gold spec washout begins
2:34p ET Tuesday, May 15, 2018
Dear Friend of GATA and Gold:
Craig Hemke of the TF Metals Report, writing today for Sprott Money, says today's dip in the gold price is a "washout" of speculators by the bullion banks, a predictable development in the long cycle of market manipulation.
According to Hemke, it is also a "fakeout," and he asks gold investors: "Are you prepared?"
Hemke's analysis is headlined "The Gold Spec Washout Begins" and it's posted at Sprott Money here:
https://www.sprottmoney.com/Blog/the-gold-spec-washout-begins-craig-hemk...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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