You are here
Paul Brownstein: Fuse meets keg at the LBMA
By Paul Brownstein
Charts and Parts
Tuesday, February 25, 2025
The cracks in the London Bullion Market Association are now undeniable. In "LBMA: De Facto Default,"
https://chartsandparts.substack.com/p/lbma-de-facto-default
we exposed the early-warning signs of a system under stress. Now the unraveling accelerates. Physical gold is fleeing, inventories are draining, and the system is running on fumes. But this isn't just a slow-motion collapse -- it's a full-blown unraveling. The players have lost control, and that's the real problem.
... Dispatch continues below ...
... ADVERTISEMENT ...
Buy, Sell, or Store Precious Metals with Money Metals Exchange
Money Metals Exchange, a national bullion dealer recently named "Best Overall" by Investopedia.com --
https://www.moneymetals.com/
-- is a great low-cost source for precious metals coins, rounds, and bars. Money Metals also pays handsomely when you wish to sell your precious metals.
Shop online with Money Metals Exchange here --
https://www.moneymetals.com/buy
-- or by calling 1-800-800-1865.
Meanwhile, Money Metals Depository will store your precious metals in a segregated account at low cost:
https://www.moneymetals.com/depository
What follows is a hypothesis; we play the odds.
The fundamentals (the fuse) have been burning for decades, while the technical structure (the keg) has been packed with leverage, suppression, and mountains of gold paper -- fueling systemic fragility.
When these two forces collide, the gold market wont just transition -- it will detonate. ...
... For the remainder of the analysis:
https://chartsandparts.substack.com/p/lbma-fuse-meets-keg
* * *
GATA is grateful to these companies for their recent support:
Apollo Silver Corp.
Barksdale Resources
Dolly Varden Silver Corp.
Dryden Gold Corp.
Group Eleven Resources
Guanajuato Silver
IBK Capital Corp.
Independent Trading Group
Mining Discovery
Power Nickel
Silver North
Strike Point Gold
The National Investor
The Prospector
Western Alaska Minerals
* * *
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:
* * *
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:
To contribute to GATA, please visit:
Donations of $250 will entitle the donor to a 1-ounce silver round commemorating GATA's work:
https://www.gata.org/sites/default/files/GATA-silver-round-front.png
