Alasdair Macleod at KWN: Bullion banks still have a problem despite gold and silver pullback

Section:

10:50p ET Friday, June 5, 2020

Dear Friend of GATA and Gold:

Bullion banks, GoldMoney research director Alasdair Macleod writes at King World News tonight, are desperately trying to close their short gold futures positions in New York because metal just isn't available. But, Macleod adds, they are failing as longs have demanded delivery of more than 140 tonnes in the last week.

The Federal Reserve, Macleod concludes, is about to sacrifice the dollar in an attempt to preserve asset values.

Macleod's analysis is headlined "Bullion Banks Still Have a Problem Despite Gold and Silver Pullback" and it's posted at KWN here:

https://kingworldnews.com/bullion-banks-still-have-a-problem-despite-gol...

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


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