You are here

Gary Savage: Gold futures dumps since 2013 persuaded me of market manipulation

Section: Daily Dispatches

9:26p ET Monday, December 2, 2019

Dear Friend of GATA and Gold:

In his nine-minute video commentary today, Gary Savage of the Smart Money Tracker newsletter explains how since 2013 the huge dumps of futures contracts by bullion banks convinced him that the gold market has been heavily manipulated to keep the price down. But Savage adds that he lately senses that well-provisioned longs may be setting the banks up for a dramatic short squeeze.

Savage's analysis is headlined "Gold Manipulation" and it's posted at Smart Money Tracker here:

https://blog.smartmoneytrackerpremium.com/2019/12/gold-manipulation.html

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org



ADVERTISEMENT

Storage and Withdrawal of Gold with Bullion Star in Singapore

Bullion Star is a Singapore-registered company with a one-stop bullion shop, showroom, and vault at 45 New Bridge Road in Singapore.

Bullion Star's solution for storing bullion in Singapore is called My Vault Storage. With My Vault Storage you can store bullion in Bullion Star's bullion vault, which is integrated with Bullion Star's shop and showroom, making it a convenient one-stop shop for precious metals in Singapore.

Customers can buy, store, sell, or request physical withdrawal of their bullion through My Vault Storage® online around the clock. Storage rates are competitive.

For more information, please visit Bullion Star here:

https://www.bullionstar.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