Armstrong Thinks Himself Omniscient but Knows Nothing About Anti-Trust Law

by Chris Powell

Dear Friend of GATA and Gold:

In commentary yesterday market analyst and newsletter writer Martin Armstrong minimized and misrepresented Deutsche Bank’s admission that it manipulated the gold and futures derivatives markets with other banks.

Purporting to answer a subscriber’s question —…

— Armstrong wrote that the crowing being done by “gold bugs” about Deutsche Bank’s admission “is rather pathetic. It demonstrates how ignorant they are about trading and the marketplace.”

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