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Avery Goodman: Explosion in Comex gold offtake hints at LBMA defaults

Section: Daily Dispatches

10:35a ET Sunday, March 5, 2017

Dear Friend of GATA and Gold:

Securities lawyer and market analyst Avery Goodman writes this weekend that the recent explosion in offtake of gold bars from the New York Commodities Exchange is signalling something, and he thinks it may constitute short-covering in preparation for the default of members of the London Bullion Market Association and even the Comex itself. Goodman's analysis is headlined 'President Trump, "Making America Great Again,' the Gold Standard, and a 230% Increase in Physical Gold Bar Deliveries -- All Connected?" and it's posted at his internet site here:

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


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