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Ronan Manly: Wag the dog -- the new Comex and Shanghai gold contracts

Section: Daily Dispatches

10:49a ET Friday, October 25, 2019

Dear Friend of GATA and Gold:

The Shanghai Gold Exchange's new collaboration with CME Group's New York Commodities Exchange in a Shanghai-based, cash-settled gold futures contract looks like it could be used to facilitate importation into China of U.S.-inspired price manipulation, Bullion Star gold researcher Ronan Manly writes today. His analysis is headlined "Wag the Dog -- The New Comex and SGE Gold Contracts" and it's posted at Bullion Star here:

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


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