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Trace Mayer: Massive institutional gold market change

Section: Daily Dispatches

10:05p ET Tuesday, September 1, 2009

Dear Friend of GATA and Gold:

Trace Mayer, proprietor of, notes a new system of clearing gold forward contacts in London and suspects that it is being designed to divert gold demand away from real metal and into more unsupportable promises. Mayer's commentary is headlined "Massive Institutional Gold Market Change" and you can find it at RunToGold here:

And at GoldSeek here:

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

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