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Sharps Pixley's Williams cites Ted Butler and GATA's Ed Steer

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Published : December 11th, 2017
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Category : GoldWire

Sharps Pixley's Lawrie Williams this week calls attention to silver market analyst Ted Butler's observation that not just JPMorganChase but also Goldman Sachs seem to be acquiring large amounts of gold and silver via the New York Commodity Exchange. Williams adds that GATA's Ed Steer notes that the recent price smashes in the monetary metals seem to result from more futures market manipulation.

"If Ted and Ed are correct," Williams writes, "then it looks like JPMorgan and Goldman Sachs could be positioning themselves for a big turnaround in the precious metals markets led, of course, by gold.

Williams' commentary is headlined "JPM and Goldman Building Big positions in Physical Gold and Silver -- Butler" and it's posted at Sharps Pixley here:

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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.
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