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Comex's 'exchange for physicals' mystify gold market, Sprott says
12:28p ET Monday, January 15, 2018
Dear Friend of GATA and Gold:
Interviewed by Craig Hemke of the TF Metals Report for Sprott Money News, mining entrepreneur Eric Sprott discusses the "exchange for physicals" mechanism that is moving gold futures delivery off the New York Commodities Exchange to secretive resolution in London.
"It makes you think that the comex is a fraud vis-a-vis the real market for gold," Sprott says. "So I think the exchange for physical is just part of the whole thing. Move it off, get rid of it, put it under some carpet somewhere, so nobody sees what's going on."
The interview is 10 minutes long and can be heard and read at the Sprott Money internet site here:
https://www.sprottmoney.com/Blog/everything-is-so-vulnerable-eric-sprott...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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