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LBMA pledges 'transparency,' so where are the gold swaps and leases?

By: Chris Powell

 -- Published: Wednesday, 20 September 2017 | Print  | Disqus 

Dear Friend of GATA and Gold:

Writing in the September issue of the World Gold Council's Gold Investor newsletter, London Bullion Market Association Chief Executive Ruth Crowell writes that the organization is committed to delivering transparency and so its members will disclose their transactions with governments, central banks, and the Bank for International Settlements, including gold swaps, leases, and gold-related derivatives.

Crowell's essay is headlined "LBMA -- Delivering Transparency and Integrity" and is posted at the World Gold Council's internet site here --

https://www.gold.org/research/gold-investor/gold-investor-september-2017...

-- and if you believe this preface or anything the LBMA says about "transparency and integrity," you shouldn't have anything to do with gold, which remains, with the LBMA's help, the secret knowledge of the financial universe.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

Join GATA here:

New Orleans Investment Conference
Wednesday-Saturday, October 25-28, 2017
Hilton New Orleans Riverside Hotel, New Orleans, Louisiana
http://neworleansconference.com/wp-content/uploads/2017/07/NOIC2017_powe...

Mines and Money London
Business Design Centre
London, England, United Kingdom
Monday-Thursday, November 27-30, 2017
http://london.minesandmoney.com/

* * *

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:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

 


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 -- Published: Wednesday, 20 September 2017 | E-Mail  | Print  | Source: GoldSeek.com

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