by David Kranzler
Investment Research Dynamics
The damage done to gold on Friday was due to skillfully timed flash crashes rather than powerful selling. – John Brimelow, JB’ Gold Jottings Report
As a wider audience of market observers becomes aware of the flagrant use of the paper gold market to manipulate the price of gold, the degree of intervention in the gold market by the Fed/Treasury becomes more openly aggressive.
Eric Dubin of the News Doctors wrote a useful commentary on the current effort by the “gold cartel” to take down the price of gold: