Craig Hemke at Sprott Money: The gold spec washout begins

Section:

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



ADVERTISEMENT

A Network of Bullion Dealers Who Bid for Your Business

With a SmartMetals® account from the Hard Assets Alliance, you're always guaranteed the lowest prices for gold, silver, platinum, and palladium. When you buy bullion through your account, the alliance's network of trusted precious metals dealers launches into action -- and you'll be shown the lowest price for your purchase. Also amazing is the low-cost storage available to you in six non-bank vaults around the world.

Click here to learn more:

http://www.hardassetsalliance.com/go/v34pm4/GAT



Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Thursday-Sunday, November 1-4, 2018
https://neworleansconference.com/

* * *

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:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16