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Adrian Ash: Good news for gold bulls from the near-bears of the LBMA

Section: Daily Dispatches

9:10p ET Thursday, November 13, 2014

Dear Friend of GATA and Gold:

Bullion Vault research director Adrian Ash remarks tonight on the pervasive bearishness reported from the London Bullion Market Association conference in Lima, Peru. "When everyone's out, or at least miserable," Ash writes, "there's only one way for prices to head. So says the 'contrarian' school of long-term investing. Find an asset that's hated and deeply oversold. Then fill your boots."

He adds pretty sagely, "People tend to predict what they've just seen."

Ash's commentary is headlined "Good News for Gold Bulls from the LBMA's Near-Bears" and it's posted at Bullion Vault here:

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


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Anglo Far-East: Think Outside the Bank

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