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Craig Hemke at Sprott Money: A new way of smashing gold futures prices
4:38p ET Tuesday, November 23, 2021
Dear Friend of GATA and Gold:
The TF Metals Report's Craig Hemke, writing tonight at Sprott Money, lends credence to the contention of one of his subscribers that bullion banks just used a new mechanism of futures market manipulation to halt and then reverse the recent rally in the gold price.
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In doing so, Hemke's subscriber maintains, the banks almost surely violated position limits, and so he urges gold investors to complain about it to the U.S. Commodity Futures Trading Commission. While the commission is generally useless, complaints might at least let the banks and the commission know that people are on to them.
Hemke's analysis is headlined "Another Comex Gold Price Smash" and it's posted at Sprott Money here:
https://www.sprottmoney.com/blog/Another-COMEX-Gold-Price-Smash-Craig-Hemke-November-23-2021
CHRIS POWELL, Secretary/Treaurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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