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David Barber
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Saville says gold's flow doesn't matter to price; U.S. and China disagree - Chris Powell - GATA

In ten years of trading gold, there is a reason I use Steve Saville's advice and not Chris Powell's for trading purposes. One works, the other doesn't. I don't mind supporting Steve and his lovely family's little jaunts off to ride elephants or scuba dive in Australia either. It's kinda fun. I've got a trip planned floating the Middle Fork of the Salmon...again. Lovely river. Met Garth Brooks and four (or was it six?) bikini clad gals on one trip. Big log jam on the last that could have drowned us all, forest fires on others. Yikes!
Whatever the U.S. is trying to pull off in the gold market isn't going to work very well for them on this trip either, I would say. Gold is bigger than those dip wads.
DB

Commented 3361 days ago

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Beginning of the headline :Who is buying gold and who is selling it mean nothing to the metal's price trend, nor does it matter where the metal is coming from, financial letter writer Steve Saville maintains this week in commentary headlined "Looking for (Gold Price) Clues in All the Wrong Places," posted at his Internet site, the Speculator Investor, here: http://tsi-blog.com/2015/01/looking-for-gold-price-clues-in-all-the-wron... That's not how the U.S. government sees it. To the contrary, the U.S. government considers... Read More

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