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Alasdair Macleod at KWN: The real reason why bullion banks are panicking
6:54p ET Saturday, May 30, 2020
Dear Friend of GATA and Gold:
With the major central banks embarking on a policy of infinite money creation, GoldMoney research director Alasdair Macleod writes at King World News, shorting gold in the banking business is rapidly going out of style and bullion bank traders are being instructed to curtail their positions. This, Macleod writes, is behind reports that bullion banks plan to reduce their positions in gold on the New York Commodities Exchange.
Macleod's essay is headlined "The Real Reason Why the Bullion Banks Are Panicking" and it's posted at KWN here:
https://kingworldnews.com/this-is-the-real-reason-why-the-bullion-banks-...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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