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Ronan Manly: Death spiral for LBMA gold and silver auctions?

Section: Daily Dispatches

12:19p ET Friday, April 14, 2017

Dear Friend of GATA and Gold:

Researcher Ronan Manly today examines the strange glitches that struck the London Bullion Market Association's gold and silver auctions Monday and Tuesday, concluding that the auction systems are not only flawed but, as with everything else in the gold and silver markets, obscured by official secrecy and refusal to accept accountability. Manly's analysis is headlined "Death Spiral for LBMA Gold and Silver Auctions?" and it's posted at Bullion Star here:

https://www.bullionstar.com/blogs/ronan-manly/death-spiral-lbma-gold-sil...

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



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