Articles

Robert Lambourne: Use of gold derivatives by BIS declines by 55 tonnes in February

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By Robert Lambourne
Tuesday, March 6, 2018

The Bank for International Settlements reduced its use of gold swaps and other gold-related derivatives during February, according to the bank's statement of account for the month:

https://www.bis.org/banking/balsheet/statofacc180228.pdf

This decrease follows a large increase in the bank's gold swaps in January.

Robert Lambourne: Gold market intervention by BIS increased substantially in January

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By Robert Lambourne
Tuesday, February 13, 2018

The Bank for International Settlements substantially increased its use of gold swaps and other gold-related derivatives during January, according to the bank's statement of account for the month:

https://www.bis.org/banking/balsheet/statofacc180131.pdf

Robert Lambourne: BIS gold derivatives fall in December but remain hefty

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The bank still fails to explain its activity in the gold market.

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By Robert Lambourne

Disclosures in the December 2017 statement of account published by the Bank for International Settlements --

https://www.bis.org/banking/balsheet/statofacc171231.pdf

U.S. authorities charge three banks, eight individuals in futures 'spoofing' probe

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By Michelle Price
Reuters
Monday, January 30, 2018

WASHINGTON -- The U.S. Justice Department and the country's derivatives regulator said on Monday they had filed civil and criminal charges against three European banks, which paid $46.6 million to settle the cases, and eight individuals for alleged manipulation in U.S. futures and commodities markets.

TF Metals Report: How will the deniers of gold market rigging explain this?

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2:26p ET Monday, January 29, 2018

Dear Friend of GATA and Gold:

The TF Metals Report today wonders what excuses will be made by deniers of monetary metals market manipulation now that three investment banks -- Deutsche Bank, UBS, and HSBC -- have been fined millions of dollars by the U.S. Commodity Futures Trading Commission for manipulating the futures markets in the monetary metals.

Futures exchange operator details discounts for secret trading by central banks

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1:11p ET Sunday, January 21, 2018

Dear Friend of GATA and Gold:

Central banks and governments that are secretly trading futures contracts in the United States on CME Group exchanges qualify for discounts ranging from 7 percent for two-year U.S. Treasury futures to 15 percent for gold and silver futures to 60 percent for Eurodollar futures.

New York Fed official celebrates a century of market rigging

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2:32p ET Thursday, January 20, 2018

Dear Friend of GATA and Gold:

Chris Powell: London update on gold market manipulation

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Remarks by Chris Powell
Secretary/Treasurer, Gold Anti-Trust Action Committee Inc.
Mines and Money London
Business Design Center, London
Wednesday, November 29, 2017

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The slides for this presentation are posted here:

http://gata.org/files/GATA-Powell-Mines&MoneyLondonSlides-11-29-2017.pdf

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SLIDE 1

BIS refuses to answer questions about its activity in the gold market

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9:15a ET Tuesday, November 14, 2017

Dear Friend of GATA and Gold:

The Bank for International Settlements today refused to answer questions from the Gold Anti-Trust Anti-Trust Action Committee about the bank's activity in the gold market.

Robert Lambourne: BIS gold swaps rose substantially in October

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By Robert Lambourne
Sunday, November 12, 2017

Disclosures in the October statement of account published by the Bank for International Settlements indicate that during October the bank increased substantially its use of gold swaps and other gold-related derivatives

See --

https://www.bis.org/banking/balsheet/statofacc171031.pdf

-- or:

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