You are here

Ted Butler: Eight crooks against the world

Section: Daily Dispatches

1:09p ET Friday, September 8, 2017

Dear Friend of GATA and Gold:

Silver market analyst Ted Butler writes today that the primary determinant of gold and silver prices is the concentrated short position in their futures markets. That position is even more concentrated than Butler suggests if, as GATA maintains, governments are trading in those markets using bullion banks as intermediaries. After all, in its filings with the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission, CME Group, operator of the major U.S. futures exchanges, acknowledges that its clients include governments and central banks and that CME Group offers them discounts for volume trading:

http://www.gata.org/node/14385

http://www.gata.org/node/14411

Butler's commentary is headlined "Eight Crooks Against the World" and it's posted at GoldSeek's companion site, SilverSeek, here --

http://silverseek.com/commentary/eight-crooks-against-world-16846

-- and at 24hGold here:

http://www.24hgold.com/english/news-gold-silver-eight-crooks-against-the...

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



ADVERTISEMENT

Storage and Withdrawal of Gold with Bullion Star in Singapore

Bullion Star is a Singapore-registered company with a one-stop bullion shop, showroom, and vault at 45 New Bridge Road in Singapore.

Bullion Star's solution for storing bullion in Singapore is called My Vault Storage. With My Vault Storage you can store bullion in Bullion Star's bullion vault, which is integrated with Bullion Star's shop and showroom, making it a convenient one-stop shop for precious metals in Singapore.

Customers can buy, store, sell, or request physical withdrawal of their bullion through My Vault Storage® online around the clock. Storage rates are competitive.

For more information, please visit Bullion Star here:

https://www.bullionstar.com/



Join GATA here:

New Orleans Investment Conference
Wednesday-Saturday, October 25-28, 2017
Hilton New Orleans Riverside Hotel, New Orleans, Louisiana
http://neworleansconference.com/wp-content/uploads/2017/07/NOIC2017_powe...

Mines and Money London
Business Design Centre
London, England, United Kingdom
Monday-Thursday, November 27-30, 2017
http://london.minesandmoney.com/

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16