Documentation

How the gold banking system operates for surreptitious price suppression

Section:

10:36a ET Saturday, December 3, 2016

Dear Friend of GATA and Gold:

Bullion Star in Singapore this week produced a primer about the international gold banking system, showing how central banks use it to create a vast amount of imaginary "paper gold" for largely surreptitious price suppression in defense of their own currencies.

Deutsche Bank to pay $60 million to settle U.S. gold price-fixing case

Section:

By Jonathan Stempel
Reuters
Friday, December 2, 2016

NEW YORK -- Deutsche Bank has agreed to pay $60 million to settle private U.S. antitrust litigation by traders and other investors who accused the German bank of conspiring to manipulate gold prices at their expense.

The preliminary settlement was filed today with the U.S. District Court in Manhattan and requires a judge's approval.

Ronan Manly: European Central Bank won't account for its gold reserves

Section:

6:45p ET Tuesday, November 15, 2016

Dear Friend of GATA and Gold:

Central banks fear exposure of their interventions, so we GATA press on

Section:

Gold Market Manipulation Update

Remarks by Chris Powell, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Wednesday, October 26, 2016

Ronan Manly: LBMA is little more than a front for the Bank of England's FX office

Section:

12:50p ET Sunday, September 25, 2016

Dear Friend of GATA and Gold:

Ronan Manly: With the IMF, 'transparency' about gold sales means 'secrecy'

Section:

11:36a ET Friday, September 2, 2016

Dear Friend of GATA and Gold:

Renewed use of gold swaps by BIS indicates strain on price suppression

Section:

By Robert Lambourne
Sunday, September 18, 2016

This link provides the Bank for International Settlements' August 2016 statement of account:

https://www.bis.org/banking/balsheet/statofacc160831.pdf

This statement shows an even greater holding of gold by the BIS than was reported in July, presumably in the bank's gold banking business.

Vindicating GATA, academic study says central banks rig markets with gold lending

Section:

2:10p ET Thursday, July 21, 2016

Dear Friend of GATA and Gold:

Dirk Baur, formerly a finance professor at the University of Technology in Sydney, now professor of accounting and finance at the University of Western Australia in Perth, this month updated his 2013 study about gold market manipulation --

http://www.gata.org/node/13045

Ronan Manly: London precious metals clearing's objective is ignorance

Section:

9:33a ET Monday, May 30, 2016

Dear Friend of GATA and Gold:

Gold researcher Ronan Manly today examines London Precious Metals Clearing Ltd., a conglomerate of the major gold-trading institutions in London, and concludes that its objective is to keep the world ignorant of the manipulation of the price of the monetary metal.

Chris Powell: Cowardice of press, miners, financial industry sustains gold market rigging

Section:

Remarks by Chris Powell, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Mining Investment Asia Conference
Marina Bay Sands, Singapore
Thursday, April 14, 2016

I'm here again this year to update you on the surreptitious manipulation of the gold market by central banks and to explain how this surreptitious manipulation now extends to all major markets around the world.

Syndicate content