Guest Post: "Gold Market Manipulation", by Gary Savage

Back on Wednesday, technical analyst Gary Savage published a terrific video presentation that dissects the ongoing price manipulation in the paper gold market. Since it covers several of the topics we routinely discuss here at TFMR, I wrote Gary to ask if we could use it as a guest post and he happily obliged.

So, please take some time this weekend to watch the video below. You'll notice that Gary points out several of the features that we've followed for years. For example, Gary discusses the downtrend that has been enforced since 2013. Here at TFMR, we call this "The Nemesis Line" and the significance of this trendline and succession of lower lows is well known to Vault subscribers.

Gary also takes some time to address what appears to be an ongoing, overt effort to prop up the equity markets. Again, Vault subscribers will recall how many times we've pointed out all of the V-shaped recoveries in the S&P. The chart below from last week shows at least 21 over the past twelve months.

Gary makes several other worthwhile points, too, so please take the time to watch this video over the weekend. You'll be glad you did.

TF

"GOLD MARKET MANIPULATION"

by, Gary Savage of https://blog.smartmoneytrackerpremium.com

In this video, I explain how and why I think the gold bear market is artificial, and due to manipulation by a few big banks in the paper market. I discuss the market reaction that will confirm I’m correct. The analysts that for a couple of years have been trying to deny manipulation are ultimately going to look like idiots, and the Sinclairs of the world are going to have the last laugh, and will be proven correct in the end.

About the Author

Founder
tfmetalsreport [at] gmail [dot] com ()

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