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Ronan Manly: LBMA stalls daily gold and silver price auction fix reports
12:02p ET Thursday, March 8, 2018
Dear Friend of GATA and Gold:
The London Bullion Market Association, gold researcher Ronan Manly discloses today, has stopped providing timely reports of the daily gold and silver auction price fixes and has against postponed its plans to publish trade data about the monetary metals.
Manly writes: "It must be obvious to everyone that the LBMA and its bullion bank members do not want the transparency that gold and silver trade reporting would provide. Otherwise they would not have spent four years on a project that any individual investment bank could start and complete within less than three months."
Manly's report is headlined "LBMA Alchemy and the London Gold and Silver Markets: 2 Steps Back" and it's posted at Bullion Star here:
https://www.bullionstar.com/blogs/ronan-manly/lbma-alchemy-london-gold-m...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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