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Ronan Manly: LBMA colludes with the Comex -- to lock down the gold market?
11:58a ET Wednesday, March 25, 2020
Dear Friend of GATA and Gold:
Reviewing the gold delivery difficulties acknowledged this week, Bullion Star researcher Ronan Manly concludes today that the problem is in London with members of the London Bullion Market Association, not with the New York Commodities Exchange, which seldom has had any metal in the first place.
Who, Manly asks, is propping up whom? Is the LBMA propping up the Comex, or is "that famous gold lender of last resort, the Bank of England," propping up London's bullion banks?
Manly's analysis is headlined "LBMA Colludes with the COMEX -- to Lock Down the Global Gold Market?" and it's posted at Bullion Star here:
https://www.bullionstar.com/blogs/ronan-manly/lbma-colludes-with-the-com...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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