Forensic clues of a manipulated market

Adrian Douglas: The forensic clues of a manipulated market

Submitted by cpowell on Wed, 2010-02-17 02:07. Section: Documentation

9p ET Tuesday, February 16, 2010

Dear Friend of GATA and Gold:

GATA board member Adrian Douglas, editor of the Market Force Analysis letter, has reviewed historic price data for gold, oil, and copper and has discovered what he calls "The Forensic Clues of a Manipulated Market." That is, Douglas reveals, gold's price volatility is much more limited on the up side than the prices of copper and oil, but not on the down side. Over the last decade, Douglas says, gold achieved an intraday gain of more than 2 percent on only 6 percent of trading days, while oil and copper gained more than 2 percent on 27 and 14 percent of trading days, respectively.

Douglas adds that while gold has been the best-performing asset over the last decade, shorting gold could have been fantastically profitable if one knew when the down days would be, as the Federal Reserve's agents in the currency and gold markets, the big investment houses that serve as bullion banks, well might know.

You can find Douglas' commentary at the Market Force Analysis Internet site here:

https://marketforceanalysis.com/index_assets/Forensic%20Clues%20of%20a%2...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.