Bank [Finally] Says Quiet Part On Gold Manipulation Out Loud
Gold's "Biggest Risk Remains Official Attempts to Manage Price.”
Housekeeping: Good morning. Know you were right, and the gaslighting by banks is slowly ending because it is no longer profitable for them to do so on government’s behalf.1
Section Titles Added by GoldFix:
Volcker’s Mistake
The Comex 3 p.m. Slam Down
Little Physical Evidence For Gold’s Rally
No Love For Gold Miners Yet
Is China Driving This Rally Then?
China Miners Also Outperform
Impressive Despite Late-to-the-Party US Funds
This Biggest Risk is Government Intervention
Intro: Bank says The Quiet Part On Gold Manipulation Out Loud
In this week’s Greed & Fear report Chris Wood devotes a significant portion of his analysis to all things Gold before moving on to his regular work.
Jefferies is a global equity firm… and while Chris Wood is knowledgeable in all markets, most of his published macro work is relegated to data and equity drivers. But we’ve read him for years when we got his stuff.