You are here
The rigging at the very core of the gold market is now officially confirmed
10:59p ET Friday, November 19, 2021
Dear Friend of GATA and Gold:
Bullion Star researcher Ronan Manly surmises tonight that the investment banks that have just agreed to pay a cumulative $152 million to settle the claims of a U.S. class-action lawsuit that they rigged the gold market through the daily London gold price fix made far more money from the rigging than they now are disgorging to settle the case.
... Dispatch continues below ...
... ADVERTISEMENT ...
USA Gold: Coins and Bullion Since 1973
USAGold, well known for its Internet site, USAGold.com, offers contemporary bullion coins and bullion-related historic gold coins for delivery to private investors in the United States, Europe, Canada, Australia, and New Zealand. It is one of the oldest and most respected names in the gold industry, with thousands of clients and an approach to investment that emphasizes guidance and individual needs over high-pressure sales tactics. The firm's zero-complaint record at the Better Business Bureau makes it an ideal match for the conservative, long-term investor looking for a reliable contact in the gold business.
Please call 1-800-869-5115x100 and ask for the trading desk, or visit:
USAGold: Great prices, quick delivery -- all the time.
Manly well may be right. But the settlement provides a broader benefit to all gold investors and indeed to all adherents of free and transparent markets. That is, the settlement may be construed as an admission by some of the gold market's most important participants that the market at its very center in London has been heavily manipulated for decades, quite apart from the manipulation committed by central banks.
Maybe that is why no major financial news organization has yet reported the settlement, though it is a week old and most major news organizations were informed of it promptly by GATA. For the settlement also impugns most news coverage of the gold market, financial news organizations having resolutely ignored appeals from GATA and others to help expose this corruption, which contaminates not only the gold market but also the many markets that take cues from the price of gold.
In the face of the settlement the silence of the gold mining industry and its purported representative, the World Gold Council, illuminates that industry's corruption as well.
But the truth keeps trickling out, and it soon may become a mighty stream despite the continuing efforts to suppress it.
Manly's analysis is headlined "Bullion Banksters Pay $50 Million to Get Out of Jail Free" and it's posted at Bullion Star here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
Toast to a free gold market
with great GATA-label wine
Wine carrying the label of the Gold Anti-Trust Action Committee, cases of which were awarded to three lucky donors in GATA's recent fundraising campaign, are now available for purchase by the case from Fay J Winery LLC in Texarkana, Texas. Each case has 12 bottles and the cost is $240, which includes shipping via Federal Express.
Here's what the bottles look like:
Buyers can compose their case by choosing as many as four varietals from the list here:
GATA will receive a commission on each case of GATA-label wine sold. So if you like wine and buy it anyway, why not buy it in a way that supports our work to achieve free and transparent markets in the monetary metals?
To order a case of GATA-label wine, please e-mail Fay J Winery at email@example.com.
* * *
Support GATA by purchasing
Stuart Englert's "Rigged"
"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon --
-- or for an additional $3 and a penny buy an autographed copy from Englert himself by contacting him at firstname.lastname@example.org.
* * *
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: