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Craig Hemke: It is what it is but it's not what it seems

Section: Daily Dispatches

6:11p Tuesday, December 19, 2017

Dear Friend of GATA and Gold:

Craig Hemke of the TF Metals Report, writing today for Sprott Money, recalls the cable sent December 31, 1974, from the U.S. embassy in London to the State Department in Washington, conveying the assurances of London bullion banks that the gold futures market about to open in the United States would suppress demand for real metal. Hemke's commentary is headlined "It Is What It Is But It's Not What It Seems" and it's posted at Sprott Money here:

https://www.sprottmoney.com/Blog/it-is-what-it-is-but-its-not-what-it-se...

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



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