London gold fix price manipulation confirmed by Australian researchers


8:44a ET Wednesday, October 8, 2014

Dear Friend of GATA and Gold:

Another statistical study has concluded that the bullion banks involved in the London daily gold price fixing long have manipulated the price, apparently front-running their clients' trades. The new study, published in the September issue of the Journal of Futures Markets --

-- was conducted by a Ph.d student at the University of West Australia in Perth, Andrew Caminschi, and his professor, Richard Heaney, and was described in a report published this week in Perth's newspaper, The West Australian. A PDF copy of that report is posted at GATA's Internet site here:

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


Anglo Far-East: Think Outside the Bank

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Here's what one of our generationally wealthy clients has to say about AFE:

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Anglo Far-East: Think Outside the Bank

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WestAustralian-10-04-2014.pdf5.7 MB