Submitted by Financial Adviser on Sat, 04/14/2012 - 12:07
Gold traded marginally lower last March prior to sharp gains in April 2011 when gold rose 8% (silver rose 28%).
From Bloomberg:
Gold Set for Rebound With Support at $1,600: Technical Analysis Gold may rebound in April from two straight monthly declines as the metal has so-called support at $1,600 an ounce, according to a technical analysis from Haitong Futures Co., a unit of China’s third-largest listed brokerage.
Mr. Embry, the perhaps best report I have ever read on the gold market was “Not Free, Not Fair: The Long-Term Manipulation of the Gold Price,” written by Andrew Hepburn and you. (1) I would like to talk with you at the beginning about the findings of that report. First of all, why do you think it is relevant whether the gold price is free or not?
