Will critical questions be raised about central banks at LBMA conference?

Section:

2:15p ET Monday, October 19, 2015

Dear Friend of GATA and Gold:

Reporting from the London Bullion Market Association conference in Vienna, Bullion Vault's Adrian Ash writes that LBMA chief executive Ruth Crowell is talking about incorporating all four precious metals in an organization with much wider scope. Ash wonders if she means a "World Bullion Market Association."

That might make worldwide market rigging easier for the central banks using the London bullion banks as their agents.

Ash adds that the delegates were welcomed to Vienna by Peter Mooslechner, a member of the board of directors of Austria's central bank, and that the conference is to include a "central bank session." The involvement of central banks in the gold market -- public and surreptitious -- sure would be an interesting subject for critical questioning. Will Ash or anyone else be allowed to pose critical questions to central bank representatives and to report the answers or refusals to answer?

Or do members of the LBMA and representatives of central banks get together like this because they are basically members of the same fraternity if not the same organization and thus not inclined to discomfort each other?

Ash's dispatch is headlined "Gloomy on Gold at LBMA 2015" and it's posted at Bullion Vault's Internet site here:

https://www.bullionvault.com/gold-news/Gloomy-on-Gold-10192015

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATa.org



ADVERTISEMENT

Buy metals at GoldMoney and enjoy international storage

GoldMoney was established in 2001 by James and Geoff Turk and is safeguarding more than $1.7 billion in metals and currencies. Buy gold, silver, platinum, and palladium from GoldMoney over the Internet and store them in vaults in Canada, Hong Kong, Singapore, Switzerland, and the United Kingdom, ­taking advantage of GoldMoney's low storage rates, among the most competitive in the industry. GoldMoney also offers delivery of 100-gram and 1-kilogram gold bars and 1-kilogram silver bars. To learn more, please visit:

http://www.goldmoney.com/?gmrefcode=gata



Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Wednesday-Saturday, October 28-31, 2015

https://jeffersoncompanies.com/landing/gata

The Silver Summit and Resource Expo 2015
Park Central Hotel, San Francisco, California
Monday-Tuesday, November 23-24, 2015

http://cambridgehouse.com/event/50/the-silver-summit-and-resource-expo-2...

Support GATA by purchasing recordings of the proceedings of the 2014 New Orleans Investment Conference:

https://jeffersoncompanies.com/landing/2014-av-powell

Or by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006:

http://www.goldrush21.com/order.html

Or by purchasing a colorful GATA T-shirt:

http://gata.org/tshirts

Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:

http://gata.org/node/wallstreetjournal

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:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16