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

Section: Daily Dispatches

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.

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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

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