Hard Assets Alliance

The explosive questions the gold riggers won't answer -- and the press won't ask


4:34p ET Sunday, July 15, 2018

Dear Friend of GATA and Gold:

How easy it would be for any major financial news organization or trade association to confirm, expose, and combat the rigging of the gold market by governments and central banks.

Such an effort could start with the documentation, most of it from official sources, collected by GATA and compiled here:

David Brady at Sprott Money: China robs Comex of control of gold price


1:45p ET Friday, July 13, 2018

Dear Friend of GATA and Gold:

The close correlation of the gold price with the valuation of the Chinese yuan and the International Monetary Fund's Special Drawing Rights shows that China, not the New York Commodities Exchange, is now in control of the price of the monetary metal, money manager David Brady writes today at Sprott Money.

Former Barclays trader found guilty of rigging interest rate


By Kirstin Ridley
Thursday, July 12, 2018

LONDON -- A French former trader with Barclays, tried in his absence by a London court in an 11-week trial, has been convicted of helping to mastermind a five-year plot to rig global interest rates.

May's gold output in South Africa falls most since February 2017


Ana Monteiro
Bloomberg News
Thursday, July 12, 2018

Gold output in South Africa, once the world's biggest producer of the metal, declined in May by the greatest amount since February 2017.

Most South African gold mines are unprofitable but owners, unions, government don't care why


Minerals Council Says 75% of South Africa's Mines Are Unprofitable

By Allan Seccombe
Business Day, Johannesburg, South Africa
Wednesday, July 11, 2018

Three-quarters of South Africa's gold mines are unprofitable or barely making money, says the Minerals Council SA as the sector enters wage talks that some participants hope will reflect the realities bedevilling the sector.

Ed Steer: Dollar 'rally' appeared in nick of time Monday


7:25p ET Tuesday, July 10, 2018

Dear Friend of GATA and Gold:

GATA board member Ed Steer's Gold and Silver Digest letter for Monday, headlined "A Dollar Index 'Rally' Appeared in the Nick of Time Monday," has been posted in the clear at GoldSeek here:

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