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Ronan Manly: Central banks operate in stealth at the heart of London gold market
7p ET Thursday, June 3, 2021
Dear Friend of GATA and Gold:
Bullion Star's Ronan Manly today notes that the purpose of the London gold market is to conceal everything important that happens in it so as to facilitate surreptitious control of the gold price by central banks using imaginary gold.
Manly also notes the uselessness of the World Gold Council to gold mining companies and gold investors. Manly writes that the council "is truly strange, an organization that comprises the largest gold mining companies but that (until evidence proves otherwise) never champions the physical gold market but is merely a lackey in compliance with the London Bullion Market Association bullion banks in their quest to perpetuate the fractional paper gold market in London."
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Manly's analysis is headlined "Central Banks Operate in Stealth at the Heart of the London Gold Market" and it's posted at Bullion Star here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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