You are here

Janet Tavakoli: How to corner the gold market

Section: Daily Dispatches

9:22p ET Tuesday, March 30, 2010

Dear Friend of GATA and Gold:

Concurring in a thought expressed yesterday in his King World News interview by London metals trader and CFTC whistleblower Andrew Maguire, Chicago consulting firm president Janet Tavakoli suggests that the gold market is now awfully susceptible to a corner by those who want to take delivery of real metal. Tavakoli's commentary is headlined "How to Corner the Gold Market" and you can find it at the Tavakoli Structured Finance Internet site here:

http://www.tavakolistructuredfinance.com/Gold.pdf

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.



ADVERTISEMENT

Prophecy Resource Corp. Appoints Rob McEwen to Advisory Board

Prophecy Resource Corp. (TSX.V: PCY, OTC: PCYRF) is pleased to announce the appointment of Rob McEwen to the company's Advisory Board. McEwen is a leading Canadian mining industry entrepreneur. He is the chairman and CEO of U.S. Gold Corp. and Minera Andes Inc. McEwen was the founder and former chairman and CEO of Goldcorp Inc., whose Red Lake Mine in northwestern Ontario, Canada, is considered to be the richest gold mine in the world. During his tenure at Goldcorp, McEwen transformed the company from a collection of small companies into a mining powerhouse, growing its market capitalization from $50 million to approximately $8 billion.

For Prophecy Resource Corp.'s complete statement:

http://www.prophecyresource.com/news_2010_mar11b.php


Support GATA by purchasing a colorful GATA T-shirt:

http://gata.org/tshirts

Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:

http://gata.org/node/wallstreetjournal

Or a video disc of GATA's 2005 Gold Rush 21 conference in the Yukon:

http://www.goldrush21.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