8:23p ET Monday, February 3, 2024 Dear Friend of GATA and Gold: Retired Sprott executive Kevin Bambrough yesterday recounted how bullion banks long have made a habit of selling metal they don't really possess. His story begins: "During my tenure at Sprott (2002-2013), we had accumulated a significant position in silver in the 2005-2007 period. This …

By Maxwell Akalaare Adombila and Christian Akorlie Reuters Sunday, January 19, 2025 ACCRA, Ghana -- A Ghanaian small-scale miners' association on Sunday said soldiers killed nine unarmed people at an AngloGold Ashanti mine on Saturday night, while the army said seven illegal miners had been killed in a firefight. Kofi Adams, local chairman …

Aug 24, 2008 · While this scenario is admittedly speculation, the gold-carry trade, on which the gold price suppression scheme was based -- the lending of Western central bank gold reserves to investment houses at an only nominal interest rate, the investment houses' sale of those reserves, and their use of the proceeds to purchase government bonds for a risk-free income of 5 percent or so -- is a matter of ...

The Gold Anti-Trust Action Committee seeks financial and moral support from the monetary metals mining industry, investors in that industry, people who seek to preserve gold's vital role in the world's financial system, and supporters of free markets and limited government generally. Contributions are used to expose and stop interference with free markets in …

8:51a ET Friday, December 13, 2024 Dear Friend of GATA and Gold: Andy Schectman of the Miles Franklin coin and bullion dealership in Minnesota interviewed your secretary/treasurer the other day for his podcast, discussing GATA's history, its documentation of Western gold price suppression policy, and its efforts to expose the policy and get the world to understand the ruthless imperialism ...

11:37a ET Monday, February 3, 2025 Dear Friend of GATA and Gold: The December statement of account of the Bank for International Settlements, due for publication last Friday, January 31, was posted at about 8:40a U.S. Eastern time today, showing, according to GATA consultant Robert Lambourne, a slight decline in the bank's gold swaps over the November level, from 81 tonnes to 78 tonnes: https ...

May 11, 2023 · For many years on behalf of the Gold Anti-Trust Action Committee I have spoken at this conference and others like it to detail the extensive official records and other evidence of manipulation of the gold market by central banks and particularly by the U.S. government. This manipulation has been undertaken to defend the U.S. dollar as the world reserve currency and to diminish all other ...

Bill Murphy, chairman and director. Murphy grew up in Glen Ridge, N.J., and graduated from the School of Hotel Administration at Cornell University in 1968. In his senior year he broke all the Ivy League single-year pass-receving records. He then became a starting wide receiver for the Boston Patriots of the American Football League. He went on to work for various Wall Street brokerage firms ...

Dec 6, 2007 · GATA delivered to the Federal Reserve Board and the Treasury Department formal requests for access to all documents in their possession that have been generated since 1990 and mention swaps of gold involving the U.S. government. Such swaps of gold are commonly used by governments to intervene surreptitiously in the gold and currency markets, and in May this year provisions for swaps began to ...

Mar 14, 2010 · GATA Chairman Bill Murphy was formally invited Friday by the U.S. Commodity Futures Trading Commission to speak at its meeting in Washington on Thursday, March 25, to examine futures and options trading in the precious and base metals markets.