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GATA GROUP RECOGNIZES THE CALANDRA REPORT
THANKS TO THE GOLD ANTI-TRUST ACTION COMMITTEE FOR ITS DISPATCH TODAY ON GOLD AND THE RETURN OF THE CLASSIC THE CALANDRA REPORT.–
Dear Friend of GATA and Gold:
Simon White, risk management chief of Hinde Capital in London, examines his charts today and reports that gold is about to break out above its recent trading range — not that technical analysis means all that much in a market so heavily manipulated by surreptitiousintervention by central banks. The Hinde Capital market note is posted here:
http://www.hindecapital.com/blog/gold-poised-for-upside-breakout-of-curr…
And GATA’s old friend the financial writer Thom Calandra, who was among the first journalists to acknowledge and credit GATA’s work more than a decade ago, announced yesterday that he is reviving his newsletter, the Calandra Report, which will have special focus on natural resources and mining companies. Calandra writes: “The goal here is to take advantage of what appear to be cheap prices for metals equities, and in some cases other forms of resources (properties, warrants, debt). We’ll have the occasional trading opportunity too: metals, energy, and one or two bio-medicals. You will not be hearing from the Calandra Report unless I have done all of the scrub work necessary to ensure what in my view will be a profitable trade or hold.”
Information about subscribing is posted here:
http://babybulls.com/index.cfm?pid=10256&stCode=live&preview=yes&cdid=11…
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
WWW.GATA.ORG
