Comex's 'exchange for physicals' mystify gold market, Sprott says


12:28p ET Monday, January 15, 2018

Dear Friend of GATA and Gold:

Interviewed by Craig Hemke of the TF Metals Report for Sprott Money News, mining entrepreneur Eric Sprott discusses the "exchange for physicals" mechanism that is moving gold futures delivery off the New York Commodities Exchange to secretive resolution in London.

"It makes you think that the comex is a fraud vis-a-vis the real market for gold," Sprott says. "So I think the exchange for physical is just part of the whole thing. Move it off, get rid of it, put it under some carpet somewhere, so nobody sees what's going on."

The interview is 10 minutes long and can be heard and read at the Sprott Money internet site here:

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.


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:

Join GATA here:

Vancouver Resource Investment Conference
Sunday-Monday, January 21-22, 2018
Vancouver Convention Centre West
Vancouver, British Columbia, Canada

GATA Reception
Lions Pub
888 West Cordova St., Vancouver, British Columbia, Canada
5-7 p.m. Monday, January 22, 2018

Mining Investment Asia
Monday-Wednesday, March 26-28, 2018
Marina Bay Sands, Singapore

Mines and Money Asia
Tuesday-Friday, April 3-6, 2017
Hong Kong Convention and Exhibition Centre

* * *

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:

To contribute to GATA, please visit: