Articles
With BIS intervention rising sharply in October, gold price stalled
Submitted by cpowell on Fri, 2018-11-09 16:42. Section: DocumentationBy Robert Lambourne
Friday, November 9, 2018
After falling in August and September, intervention in the gold market by the Bank for International Settlements via gold swaps increased substantially in October, according to the bank's monthly statement of account, published this week:
Ex-Morgan trader pleads guilty to rigging monetary metals, implicates supervisors at bank
Submitted by cpowell on Tue, 2018-11-06 22:09. Section: DocumentationHow did that "exhaustive" investigation of the silver market by the U.S. Commodities Futures Trading Commission miss this? How will the World Gold Council and most monetary metals mining companies continue to miss it? How many more anti-trust lawsuits will this prompt? Anybody seen Blythe Masters lately?
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Chris Powell at New Orleans conference: Gold market manipulation update, Nov. 2018
Submitted by cpowell on Fri, 2018-11-02 21:03. Section: DocumentationThe slides for this presentation can be viewed here:
http://gata.org/files/GATA-NOLA-2018-PPT-PDF-11-1-2018.pdf
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SLIDE 1 -- TITLE
Remarks by Chris Powell
Secretary/Treasurer, Gold Anti-Trust Action Committee Inc.
New Orleans Investment Conference
Friday, November 2, 2018
Gold price steadies and rises as BIS intervention diminishes
Submitted by cpowell on Wed, 2018-10-17 20:01. Section: DocumentationBy Robert Lambourne
Wednesday, October 17, 2018
The Bank for International Settlements has just published its September statement of account, giving summary information on its use of gold swaps and other gold-related derivatives in that month:
Key metals player Bank of Nova Scotia admits rigging gold and silver futures
Submitted by cpowell on Tue, 2018-10-02 15:01. Section: Documentation11:09a ET Tuesday, October 2, 2018
Dear Friend of GATA and Gold:
Few players in the gold and silver markets are bigger than the Bank of Nova Scotia, whose metals trading division, Scotia Mocatta, is world-renowned. The Bank of Nova Scotia is a member of the London Bullion Market Association and has had a seat at the daily London gold price fixing.
Monetary metals derivatives soar, so who ARE those guys?
Submitted by cpowell on Tue, 2018-09-11 00:37. Section: Documentation12:36p ET Tuesday, September 12, 2018
Dear Friend of GATA and Gold:
Gold market intervention by BIS declines after $100 price plunge
Submitted by cpowell on Thu, 2018-09-06 14:59. Section: DocumentationBy Robert Lambourne
Thursday, September 6, 2018
Gold swaps and gold derivatives undertaken by the Bank for International Settlements appear to have declined by about 24 percent in August, according to the bank's statements of account for that month and July:
Robert Lambourne: BIS gold market intervention increased by 17% in July
Submitted by cpowell on Wed, 2018-08-08 13:45. Section: DocumentationBy Robert Lambourne
Wednesday, August 8, 2018
Use of gold swaps and gold derivatives by the Bank for International Settlements, the gold broker for most central banks, increased by about 17 percent in July, according to the bank's monthly report:
https://www.bis.org/banking/balsheet/statofacc180731.pdf
The bank's June report is here:
Robert Lambourne: June shows no change in BIS intervention in gold
Submitted by cpowell on Mon, 2018-07-16 13:23. Section: DocumentationBy Robert Lambourne
Monday, June 16, 2018
The Bank for International Settlements has published its June statement of account, which gives some information on its use of gold swaps and other gold-related derivatives in the month:
The explosive questions the gold riggers won't answer -- and the press won't ask
Submitted by cpowell on Sun, 2018-07-15 20:06. Section: Documentation4:34p ET Sunday, July 15, 2018
Dear Friend of GATA and Gold:
How easy it would be for any major financial news organization or trade association to confirm, expose, and combat the rigging of the gold market by governments and central banks.
Such an effort could start with the documentation, most of it from official sources, collected by GATA and compiled here:
