-- Published: Thursday, 13 July 2017 | Print | Disqus
Dear Friend of GATA and Gold:
The TF Metals Report calls attention to an interview given today to Fox Business News by Terry Duffy, CEO of CME Group, operator of the major futures exchanges in the United States, in which Duffy said gold is underpriced by thousands of dollars per ounce. But Duffy attributes the underpricing not to the rigging of the futures markets by the governments and central banks that receive volume discounts for their surreptitious trading in CME Group futures contracts, about which Duffy surely knows --
-- but rather by the indifference of investors to political volatility around the world.
Of course any such indifference may be nurtured by government suppression of monetary metals prices on CME Group exchanges.
The TF Metals Report's report is headlined "Must-See Video" and it's posted here:
CHRIS POWELL, Secretary/TreasurerJoin GATA here:
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-- Published: Thursday, 13 July 2017 | E-Mail | Print | Source: GoldSeek.com