27.03.2015 - Further downside on gold prices limited – CPM
This time of year usually sees the release of three major analytical reports on the gold market – from CPM in the USA and from Metals Focus and GFMS in the UK – and CPM’s Jeff Christian kindly let me have a copy of the former’s analysis which was released earlier this week. The CPM Gold Yearbook comprises over 250 pages, mostly of statistics and comment, some of which most will agree with whether from the bullish or bearish factor of gold followers, whereas other elements may raise the hackles, particularly of the gold ultra bulls for whom Christian and his team are bętes noires – primarily because Christian is an adamant anti-gold price manipulation standard bearer, and is prepared to defend his position right in the lion’s den on occasions...............................................Full Article: Source
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