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Craig Hemke at Sprott Money: Central banks aim to break 200-day average in gold
11:36a ET Wednesday, April 17, 2019
Dear Friend of GATA and Gold:
Operating with their bullion bank agents, central banks now are trying to break the 200-day moving average price of gold to offset all the fundamental factors arguing for a higher price, the TF Metals Report's Craig Hemke writes today at Sprott Money. This counterintuitiveness long has characterized the gold market under intervention, Hemke notes. His analysis is headlined "Shades of 2013" and it's posted at Sprott Money here:
https://www.sprottmoney.com/Blog/shades-of-2013-craig-hemke-17-042019.html
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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