Craig Hemke at Sprott Money: The CME opens Pandora's box

Section:

5p ET Tuesday, March 31, 2020

Dear Friend of GATA and Gold:

Big deliveries of gold suddenly are being sought on the New York Commodities Exchange, the TF Metals Report's Craig Hemke writes today at Sprott Money, adding that it's questionable that the exchange can fulfill its obligations as gold demand soars and mines, refineries, and mints close under the pressure of the virus epidemic.

Hemke's analysis is headlined "The CME Opens Pandora's Box" and it's posted at Sprott Money here:

https://www.sprottmoney.com/Blog/the-cme-opens-pandoras-box-craig-hemke....

Not so coincidentally, Sprott Money has just announced that it is temporarily suspending shipments of coins and bullion because of Canadian government regulations closing inessential businesses and United Parcel Service's suspension of package insurance and delivery signature requirements.

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


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