You are here
Craig Hemke: Two inglorious anniversaries for gold and silver
5:25p ET Tuesday, May 7, 2019
Dear Friend of GATA and Gold:
Craig Hemke of the TF Metals Report, writing at Sprott Money, today recalls the anniversaries of the Bank of England's infamous gold sales of 1999 and what he calls the May Day Massacre of silver by JPMorganChase in 2011.
His point, Hemke writes, is "to remind you that in 2019 the bullion banks and their enablers at the CME Group, the U.S. Commodity Futures Trading Commission, and in London continue to seek to dominate and control price. However, as with the London Gold Pool of the 1960s --
-- this modern-day LBMA/Comex gold and silver pool will also reach a point of self-destruction."
Hemke's commentary is headlined "Two Inglorious Anniversaries" and it's posted at Sprott Money here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Goldco Is America's No. 1 Gold IRA Provider
Goldco Precious Metals was founded by Trevor Gerszt in 2006 with a mission to help Americans protect their retirement accounts from market volatility and inflation by adding precious metals like gold and silver.
Experts predict that we are headed toward another economic crash like the one in 2008. If you aren't prepared, your retirement savings could vanish. At Goldco we take the time to understand our customers' investment goals and objectives and give them the resources to feel confident that their money will be there for them when they need it.
To learn more about adding gold and silver precious metals to your retirement accounts, please visit Goldco here:
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:
To contribute to GATA, please visit: