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TF Metals Report: Cartel banks playing their same old tricks
12:44p ET Monday, October 12, 2015
Dear Friend of GATA and Gold:
Analyzing last week's Bank Participation Report from the U.S. Commodity Futures Trading Commission, the TF Metal Report's Turd Ferguson notes that -- if one is to believe the data, a dubious proposition -- the game remains the same with the monetary metals. That is, the bullion banks sell rallies and cover their shorts on declines. This indicates that they -- or the central banks behind them -- remain very much in control of the markets. Ferguson's commentary is headlined "Cartel Banks Playing Their Same Old Tricks" and it's posted at the TF Metals Report here:
http://www.tfmetalsreport.com/blog/7200/cartel-banks-playing-their-same-...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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