The Magic Charts of Technical Analysis Can’t Penetrate Central Bank Trading Rooms

by Chris Powell

Dear Friend of GATA and Gold:

With his commentary written yesterday, “Damn Manipulators,” posted today at GoldSeek and Gold-Eagle —

— was Elliott Wave Trader’s Avi Gilburt sneering about GATA?

Gilburt wrote of yesterday’s trading: “As the metals market dropped today, I am quite certain that the evil manipulators have become the talk of the town once again. No one speaks of them when we are rising, because that is how the market is supposed to move (cough, cough). But now that we have dropped, it is ‘clear’ that it must be manipulation.”

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