Cats and dogs living together! Kitco leads with gold market manipulation


8:13p ET Monday, May 25, 2020

Dear Friend of GATA and Gold:

"Fire and brimstone coming down from the skies! Rivers and seas boiling! ... Forty years of darkness! Earthquakes, volcanoes! ... The dead rising from the grave! ... Human sacrifice, dogs and cats living together! ... Mass hysteria!"

Not even that evaluation from the movie "Ghostbusters" --

-- can do justice to tonight's lead news item at, headlined "Why Is Gold Not Rallying? This Research Points to 'Market Manipulations on a Scale Rarely Seen Before,'" by Anna Golubova.

... Dispatch continues below ...


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Has Golubova been left alone with the Kitco internet servers on this long holiday weekend? Was there no one to tell her that complaints of gold market manipulation are never to be given the time of day on Kitco, much less any credibility?

What's next -- the Financial Times refusing to parrot central banking's mantra of the moment, and instead putting actual critical questions to central bankers?

Gold market manpulation by governments is an old story -- really, an old policy of Western central banking, for which extensive documentation is available, much of it at government archives themselves:

The study cited in Golubova's report is itself 11 days old, conveyed to you by GATA on May 15, the day after it was published:

Better late than never, but could Kitco's abrupt change of position on gold market manipulation be explained by anything beyond a rookie's being left in charge of the news desk over a holiday weekend? Has Kitco concluded that gold market manipulation has become so obvious that even those who have dismissed it can deny it no longer?

Of course many cats and dogs have been living together for a long time, if surreptitiously. Could Kitco and GATA now peacefully cohabitate the monetary metals sector? Now that Kitco seems to have capitulated on the point, will GATA be able to move on to other subjects lately untouchable in polite company, like UFOs, Bigfoot, and the Loch Ness Monster?

Before contemplating that world-historical question, check out the Kitco home page to see Golubova's story leading the page before it disappears:

Then read her rewrite of GATA's dispatch here:

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

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