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Bullion Star's Ronan Manly: Peter Hambro's declaration is a big deal
4:40p ET Wednesday, July 6, 2022
Dear Friend of GATA and Gold:
Bullion Star's Ronan Manly thinks it's remarkably important that gold mining and bullion banking veteran Peter Hambro this week came out flatly declarting that central banks and their agent investment banks operate a largely surreptitious system of suppressing international gold prices.
Hambro's declaration came in an essay called to your attention by GATA on Monday:
Manly writes: "While Hambro has previously been known to understand and discuss gold price manipulation, his latest comments may be coming now as he senses a geopolitical shift in the monetary role of gold."
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Yes, Hambro's statement is encouraging, but the Financial Times, The Wall Street Journal, Bloomberg News, Reuters, and all other major mainstream financial news organizations almost certainly will ignore it, since the reality of the gold market remains a prohibited subject for them, even a matter of national security.
Manly's analysis is headlined "Peter Hambro – BIS, Central Banks Are Rigging Gold Market Using Bullion Banks' Paper Gold" and it's posted at Bullion Star here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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