Trouble in the gold market?
<< Whether influenced by uncertainties stemming from Y2K or because global financial markets took a dramatic turn for the worst, most gold analysts agree that 1998 was a "record year" for sales. So far, in 1999, record buying has not subsided, according to the U.S. Treasury, and most gold brokers and retailers say there is no sign of a buying slowdown anytime soon from the private sector.
However, recent investor activity in the gold market suggests there may be a move to illegally influence prices. In fact, entire nations, such as Great Britain, are poised to release hundreds of tons of gold into the market over the next few years in a move some believe is an attempt to artificially deflate gold prices and possibly to de-emphasize gold as a valuable commodity. >>
<< WorldNetDaily contacted the offices of the Securities and Exchange Commission (SEC), the Federal Trade Commission (FTC), and the Commodities and Futures Trading Commission (CFTC) in Washington, D.C., but they also declined to say whether or not they had received any complaints regarding price-fixing on the gold market. >>
worldnetdaily.com
Morning Richard,
GATA makes the WorldNetDaily today ... Perhaps the sh*t is begining to hit the fan?
:-))
John
PS - I see WorldNetDaily is now number 1 on the Top 100 list of websites...
worldcharts.com
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