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U.S. Global's Holmes confronts the monetary metals sector with proofs of manipulation

Section: Daily Dispatches

10:39p ET Tuesday, May 21, 2019

Dear Friend of GATA and Gold:

With his column today, U.S. Global Investors CEO Frank Holmes does a spectacular job interviewing your secretary/treasurer about GATA's work to expose central banking's policy of gold price suppression.

The interview is more spectacular for being produced by a much-respected organization within the gold sector, much of which long has shunned GATA for our alerting monetary metals investors to what they're up against.

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As fund manager and author Jim Rickards said on CNBC a decade ago, "When you own gold you're fighting every central bank in the world."

Holmes this week has done a great service to GATA, monetary metals investors, and advocates of free and transparent markets, not just with his column but with his comments about gold market manipulation to Kitco News, a news organization that long has been unfriendly to complaints of manipulation:

Maybe this signals that sentiment in the monetary metals sector is slowly changing -- that there is growing realization that manipulation has been extensively documented and that ignoring it is not making it go away.

Indeed, if the sector united in acknowledgment of and opposition to the manipulation and clamored together against it, confronting the culpable governments, the policy might be exploded in a week, since it works only because of deception.

Holmes' interview with your secretary/treasurer is headlined "How to Unrig the Gold Market, According to GATA's Chris Powell" and it's posted at the U.S. Funds internet site here:

Holmes encourages his readers to share the interview widely. GATA will be doubly grateful for that.

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

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