Hemke: Metals market rigging didn't end today; Grandich recalls two lying shills

Section:

4:06p ET Tuesday, September 29, 2020

Dear Friend of GATA and Gold:

Don't think for a moment, the TF Metals Report's Craig Hemke writes today at Sprott Money, that manipulation and corruption in the monetary metals markets will stop with JPMorganChase's admission of rigging them and the bank's paying a $920 million fine.

Market rigging, Hemke writes, remains too easy and profitable and the market regulators too corrupt or incompetent to stop it. Worse, Hemke adds, monetary metals mining companies accept rigging even when it's done by their own banks. He hopes to motivate the miners to start playing for their own team.

... Dispatch continues below ...


ADVERTISEMENT

Buy metals at GoldMoney and enjoy international storage

GoldMoney was established in 2001 by James and Geoff Turk and is safeguarding more than $1.7 billion in metals and currencies. Buy gold, silver, platinum, and palladium from GoldMoney over the Internet and store them in vaults in Canada, Hong Kong, Singapore, Switzerland, and the United Kingdom, ­taking advantage of GoldMoney's low storage rates, among the most competitive in the industry. GoldMoney also offers delivery of 100-gram and 1-kilogram gold bars and 1-kilogram silver bars. To learn more, please visit:

http://www.goldmoney.com/?gmrefcode=gata



Hemke's analysis is headlined "Bullion Bank Criminal Corruption" and it's posted at Sprott Money here:

https://www.sprottmoney.com/blog/Bullion-Bank-Criminal-Corruption-Craig-...

Meanwhile GATA's old friend, market analyst Peter Grandich, recalls a couple of the "analysts" who were tools of the manipulation, denying it and mocking those who complained about it. Grandich's comments are posted at Twitter here:

https://twitter.com/PeterGrandich/status/1311018646240743425

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

* * *

Join GATA here:

New Orleans Investment Conference
Wednesday-Saturday, October 14-17, 2020

https://neworleansconference.com/wp-content/uploads/2020/09/NOICChrisPow...

* * *

Toast to a free gold market
with great GATA-label wine

Wine carrying the label of the Gold Anti-Trust Action Committee, cases of which were awarded to three lucky donors in GATA's recent fundraising campaign, are now available for purchase by the case from Fay J Winery LLC in Texarkana, Texas. Each case has 12 bottles and the cost is $240, which includes shipping via Federal Express.

Here's what the bottles look like:

http://www.gata.org/files/GATA-4-wine-bottles.jpg

Buyers can compose their case by choosing as many as four varietals from the list here:

http://www.gata.org/files/FayJWineryVarietals.jpg

GATA will receive a commission on each case of GATA-label wine sold. So if you like wine and buy it anyway, why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals?

To order a case of GATA-label wine, please e-mail Fay J Winery at bagman1236@aol.com.

* * *

Support GATA by purchasing
Stuart Englert's "Rigged"

"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon --

https://www.amazon.com/Rigged-Exposing-Largest-Financial-History/dp/1651...

-- or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at srenglert@comcast.net.

* * *

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