Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench
Gold & Silver Prices in
In the same category

Astonished gold market analysts note FT's praise for GATA

IMG Auteur
Published : January 30th, 2013
242 words - Reading time : less than a minute
( 1 vote, 5/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...

Astonished notice of today's praise of GATA by the Financial Times has begun to come in from those gold market analysts who have managed to pick themselves up off the floor.

The daily note from John Brimelow's Gold Jottings says: "In a development which will be astonishing to veterans of the Gold Wars, the Financial Times today, in a discussion emphasizing how drastic the Bundesbank's shift to transparency about its gold activities has been, salutes the Gold Anti-Trust Action Committee. ... GATA has been completely justified in its complaints that its views have been excluded from the mainstream media for years. This is a remarkable development."

And Mark O'Byrne's daily note at GoldCore says: "Those who have dismissed the Gold Anti-Trust Action Committee or GATA as 'conspiracy theorists' may now wish to apologise and acknowledge the documentation and evidence that GATA have amassed over the years.

"GATA have long made a strong case that certain banks may have been manipulating gold and silver prices lower, in the same way that banks conspired to rig LIBOR and interest rates. ... The FT article is an important development and may help bring about a free market in gold and silver. This should lead to a revaluation of precious metal prices to the higher levels that have been expected by more astute analysts for some time and which are merited due to the very strong fundamentals."

The GoldCore commentary is posted at GoldSeek here:

http://news.goldseek.com/GoldSeek/1359464400.php

<< Previous article
Rate :Average :5 (1 vote)
>> Next article
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Comments closed
Subscribe to 24hGold’s daily market briefing
  • Prices and data of precious metals in 119 currencies and world mining companies
  • Daily analysis of the economy, markets and more
  • Free, daily and indispensable
Stay informed, subscribe now !
* Your email will never be shared.