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Craig Hemke at Sprott Money: Gold's next target
4p ET Tuesday, August 6, 2019
Dear Friend of GATA and Gold:
Writing at Sprott Money, Craig Hemke of the TF Metals Report says today that despite gold's solid rise in recent weeks, bullion banks remain in charge of the gold futures market and will aim to knock the price down when hedge funds and speculators get too long there. The zone between $1,485 and %1,525 looks most important to Hemke. If gold can pass that, Hemke writes, its all-time high will be in sight again.
Hemke's analysis is headlined "Gold's Next Target" and it's posted at Sprott Money here:
https://www.sprottmoney.com/Blog/golds-next-target-craig-hemke-06-082019...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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