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Ronan Manly: Chinese bank participation in new London metals pricing system isn't assured

Section: Daily Dispatches

8a ICT Saturday, March 14, 2015

Dear Friend of GATA and Gold:

Here's a summary of reports of interest published in the last few hours.

-- Gold researcher and GATA consultant Ronan Manly is skeptical of assumptions that Chinese banks are set to have much influence in the new London gold and silver price-reporting mechanisms in London:

-- The TF Metals Report interviews Tom Coughlin, CEO of Bullion Capital, which plans to start a gold exchange avoiding influence by the price-suppressing bullion banks of the London Bullion Market Association:

-- Sprott Asset Management founder Eric Sprott notes in an interview with King World News that central banks are the only major buyers of government bonds in the West and that the financial system collapses if they ever stop:

-- Liberty Dollar owners whose metal was seized by the U.S. government are urged to hurry in petitioning the government for its return:

GoldMoney research director Alasdair Macleod offers "An Austrian Take on Inflation," which expects a rather sudden upward reversal in the gold price:

And Hugo Salinas-Price, president of the Mexican Civic Association for Silver, argues for restoring the "real bills" system of commercial credit:

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


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