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German banker says GATA is right about gold market rigging

Section: Daily Dispatches

11:40p ET Friday, October 2, 2015

Dear Friend of GATA and Gold:

The chief market analyst for Bremer Landesbank in Germany, Folker Hellmeyer, tells financial journalist Lars Schall that central banks have made it their business to manipulate the gold market, that Asia's physical markets for gold will prevail eventually over the Western paper gold markets, that central banks should vault their gold on their own nation's soil because otherwise they have only a paper claim on the custodian, and that the market analysis provided by GATA and GATA Chairman Bill Murphy's LeMetropoleCafe.com is far superior to the analysis provided by major investment banks.

The interview was conducted by Schall on behalf of Matterhorn Asset Management's Gold Switzerland, is 26 minutes long, and can be heard at the Gold Switzerland Internet site here:

https://goldswitzerland.com/folker-hellmeyer-the-physical-gold-markets-i...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org



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