Chart usGOLD   Chart usSILVER  
 
Food for thought
The hottest places in hell are reserved for those who remain neutral in time of great moral crisis
Dante Alighieri  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1386.6023.80
Silver 22.520.31
Platinum 1459.50-1.00
Palladium 733.50-8.75
WORLD MARKETS
DOWJONES 15307-80
NASDAQ 3463-39
NIKKEI 14484-1143
ASX 5041-101
CAC 40 3960-91
DAX 8311-219
HUI 2573
XAU 97-3
CURRENCIES (€)
AUS $ 1.3319
CAN $ 1.3338
US $ 1.2888
GBP (£) 0.8553
Sw Fr 1.2441
YEN 130.6210
CURRENCIES ($)
AUS $ 1.0336
CAN $ 1.0345
Euro 0.7760
GBP (£) 0.6637
Sw Fr 0.9653
YEN 101.3400
RATIOS & INDEXES
Gold / Silver61.57
Gold / Oil14.44
Dowjones / Gold11.04
COMMODITIES
Copper 3.30-0.08
WTI Oil 96.05-0.11
Nat. Gas 4.210.02
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
In the same category 
Astonished gold market analysts note FT's praise for GATA
Published : January 30th, 2013
242 words - Reading time : less than a minute
( 1 vote, 5/5 ) Print article
 
    Comments    
Tweet
Keywords :   Bundesbank | Gata | Gold | Gold Market | Lead | Libor | Silver | Transparency |

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

Tweet
Rate :Average note :5 (1 vote)View Top rated
Previous article by
Chris Powell
All articles by
Chris Powell
Next article by
Chris Powell
Receive by mail the latest articles by this author  
Latest comment posted for this article
Be the first to comment
Add your comment
TOP ARTICLES
MOST READ
TOP RATED
MOST COMMENTED
Editor's picks
RSS feed24hGold Mobile
Gold Data CenterGold & Silver Converter
Gold coins on eBaySilver coins on eBay
Technical AnalysisFundamental Analysis

Chris Powell

Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.
Chris Powell ArchiveWebsiteSubscribe to his services
Most recent articles by Chris Powell
5/23/2013
5/23/2013
5/23/2013
5/8/2013
5/8/2013
All Articles
Comment this article
You must be logged in to comment an article8000 characters max.
 
Sign in
User : Password : Login
Sign In Forgot password?
 
Receive 24hGold's Daily Market Briefing in your inbox. Go here to subscribe or unsubscribe.
Disclaimer