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Ronan Manly: New London silver benchmarking has no wider participation
9:25a ET Friday, September 29, 2017
Dear Friend of GATA and Gold:
Bullion Star market researcher Ronan Manly writes this week that the new silver auction process of the London Bullion Market Association to establish a benchmark price will be as faulty as its predecessors because participation will remain limited to the bullion banks that already dominate the market. Manly's commentary is headlined "LBMA Silver Price Benchmark -- Changes, But No Wider Participation" and it's posted at Bullion Star here:
https://www.bullionstar.com/blogs/ronan-manly/silver-price-benchmark-per...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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