Released on: October 28, 2008, 3:12 am

Press Release Author: Vincent Hall

Industry: Financial

Press Release Summary: "Brentwood Group" - Evidence of manipulation of gold prices
on futures exchange.

Press Release Body: Asian-based asset management firm, Brentwood Group, believe that
there is a disconnect between the price of physical gold and the paper variety
traded on the COMEX futures exchange.

An individual familiar with traders at Brentwood Group suggested that anecdotal
evidence indicates that many potential buyers of physical gold are encountering
severe difficulty in acquiring supplies at bullion dealers. Alternative avenues
including internet auctions are seeing gold fetch over $150.00 premium to the
official spot price in some cases.

Rumors persist that manipulation of the futures market by central banks through
proxies has maintained large short positions on the COMEX but the Brentwood Group
source believes that as lease rates for gold are at or near highs, many short
sellers in gold cannot afford to roll over their positions which may result in a
sharp spike in the price in coming weeks.

Brentwood Group would not be drawn on the likely size of any spike in prices but a
spokeswoman inferred that prices could rise very sharply.



Web Site: http://www.brentwoodgrp.com

Contact Details: vince@presspad.net

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