Ronan Manly: Quantum leap for banks as ABN Amro questions gold price discovery

Section:

8:40p ET Friday, December 13, 2019

Dear Friend of GATA and Gold:

Bullion Star market analyst Ronan Manly today calls attention to a research paper by an analyst for the Dutch bank ABN Amro that acknowledges that there are two gold markets, the physical market and the paper market, the latter run by speculators who move the price around without regard to physical demand.

The paper, Manly notes, falls so far short of detailing the manipulation of the market by forces far bigger than "speculators," but, he acknowledges, it's a step toward reality.

Manly's commentary is headlined "Quantum Leap for Banks as ABN Amro Questions Gold Price Discovery" and it's posted at Bullion Star here:

https://www.bullionstar.com/blogs/ronan-manly/quantum-leap-for-banks-as-...

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



ADVERTISEMENT

Storage and Withdrawal of Gold with Bullion Star in Singapore

Bullion Star is a Singapore-registered company with a one-stop bullion shop, showroom, and vault at 45 New Bridge Road in Singapore.

Bullion Star's solution for storing bullion in Singapore is called My Vault Storage. With My Vault Storage you can store bullion in Bullion Star's bullion vault, which is integrated with Bullion Star's shop and showroom, making it a convenient one-stop shop for precious metals in Singapore.

Customers can buy, store, sell, or request physical withdrawal of their bullion through My Vault Storage® online around the clock. Storage rates are competitive.

For more information, please visit Bullion Star here:

https://www.bullionstar.com/



Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16