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Re: tsoprano-1 post# 2010

Tuesday, 04/30/2019 11:07:42 PM

Tuesday, April 30, 2019 11:07:42 PM

Post# of 3015
Hemke ready for gold rally as Reik sees central bank support

Submitted by cpowell on 02:48AM ET Wednesday, May 1, 2019. Section: Daily Dispatches
10:47p ET Tuesday, April 30, 2019

Dear Friend of GATA and Gold:

Craig Hemke of the TF Metals Report, writing at Sprott Money, explains
why he thinks the latest "washing and rinsing" of monetary metals
speculators by the bullion banks is through and a rally in the metals
is imminent:


https://www.sprottmoney.com/Blog/ahead-of-the-fed-craig-hemke-30-042019.html

Meanwhile, writing at King World News, Sprott USA senior portfolio manager Trey Reik notes the remarkable purchase of gold by the usually gold-hating Indian government, speculating that it signals resentment of the U.S. government's attempting to dictate how India conducts its foreign trade. Hastening accumulation of gold by central banks will keep supporting the price, Reik writes. His commentary is posted at KWN here:

https://kingworldnews.com/trey-reik-pressure-building-for-gold-to-break-above-1300/

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

In GOD We Trust -





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Ps.
opinion appreciated
TIA


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