You are here
Documentation
Three banks paying $50 million to settle antitrust claims they rigged London gold fix
Submitted by admin on Wed, 2021-11-17 09:15 Section: DocumentationFrom Bloomberg Law, New York
Monday, November 15, 2021
Barclays Plc, Societe Generale SA, Scotiabank, and London Gold Market Fixing Ltd. will pay a combined $50 million to end antitrust litigation over an alleged scheme to rig the gold "fix," a key pricing benchmark, according to a federal court filing in Manhattan.
... Dispatch continues below ...
... ADVERTISEMENT ...
Robert Lambourne: BIS gold swaps fell slowly again in October
Submitted by admin on Wed, 2021-11-10 12:27 Section: DocumentationBy Robert Lambourne
Wednesday, November 10, 2021
The recently released October statement of account of the Bank for International Settlements --
https://www.bis.org/banking/balsheet/statofacc211031.pdf
-- contains information suggesting a decrease of about 24 tonnes in the bank's gold swaps, from 438 tonnes in September to 414 tonnes in October.
This compares to the record high estimated at 552 tonnes as of February 25 this year.
Robert Lambourne: Small decline in BIS gold swaps in August
Submitted by admin on Sat, 2021-10-23 13:45 Section: DocumentationBy Robert Lambourne
Saturday, October 23, 2021
The recently released September statement of account of the Bank for International Settlements -
https://www.bis.org/banking/balsheet/statofacc210930.pdf
— contains information suggesting a decrease of about 26 tonnes in the bank's gold swaps during August, from 464 tonnes to 438 tonnes.
This compares to the record high estimated at 552 tonnes as of February this year.
Chris Powell: Gold market manipulation update, October 2021
Submitted by admin on Wed, 2021-10-20 13:40 Section: DocumentationThe images accompanying this presentation are posted here:
https://gata.org/sites/default/files/GATA%20NOLA%202021%2010%2012%20v4.pdf
* * *
Remarks by Chris Powell
Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Wednesday, October 19, 2021
IMAGE 1
Robert Lambourne: BIS gold swaps fell slightly in August but remain high
Submitted by admin on Sun, 2021-09-12 10:46 Section: DocumentationBy Robert Lambourne
Sunday, September 12, 2021
The recently released August statement of account of the Bank for International Settlements -
https://www.bis.org/banking/balsheet/statofacc210831.pdf
— contains information suggesting a decrease of about 38 tonnes in the bank's gold swaps in August, from 502 tonnes to 464 tonnes.
This compares to the record high estimated at 552 tonnes as of February 25 this year.
Robert Lambourne: BIS gold swaps rose back over 500 tonnes in June
Submitted by admin on Wed, 2021-08-11 11:15 Section: DocumentationBy Robert Lambourne
Wednesday, August 11, 2021
The recently released July statement of account of the Bank for International Settlements --
https://www.bis.org/banking/balsheet/statofacc210630.pdf
-- contains information that suggests an increase of about 31 tonnes in the bank's gold swaps in June, from 471 tonnes to 502 tonnes.
This compares to the record high estimated at 552 tonnes as of February 25 this year.
... Dispatch continues below ...
Robert Lambourne: BIS gold swaps fall in June by 46 tonnes to 471 tonnes
Submitted by admin on Wed, 2021-08-04 15:45 Section: DocumentationBy Robert Lambourne
Wednesday, August 4, 2021
The recently released June statement of account of the Bank for International Settlements --
https://www.bis.org/banking/balsheet/statofacc210630.pdf
-- contains information that suggests a decrease of about 46 tonnes in the bank’s gold swaps to 471 tonnes. This compares to the record high estimated at 552 tonnes as of February 25 this year.
Robert Lambourne: BIS gold swaps rose in May despite approach of Basel 3 rules
Submitted by admin on Sat, 2021-06-12 11:44 Section: DocumentationBy Robert Lambourne
Saturday, June 12, 2021
The recently released May statement of account of the Bank for International Settlements --
https://www.bis.org/banking/balsheet/statofacc210531.pdf
-- reports an increase of 45 tonnes in the bank's gold swaps to 517 tonnes. This follows declines in March and April 2021 from the record high estimated at 552 tonnes as of February 25, 2021.
The BIS seemingly remains an active trader of significant amounts of gold swaps on a regular basis.
Congressman presses Treasury secretary to disclose U.S. gold activities
Submitted by admin on Thu, 2021-06-10 21:22 Section: DocumentationFrom Money Metals News Service, Eagle, Idaho
Thursday, June 10, 2021
WASHINGTON -- As foreign governments reportedly accumulate gold and de-dollarize their sovereign wealth funds, a Republican congressman is asking tough questions of the U.S. Treasury about its secretive gold activities.
Robert Lambourne: BIS gold swaps fell in March and April but remain high
Submitted by admin on Fri, 2021-05-14 12:03 Section: DocumentationBy Robert Lambourne
Friday, May 14, 2021
The recently reported March and April statements of account of the Bank for International Settlements disclose a decline in gold swaps from the record high estimated at 552 tonnes as at February 26, 2021.
The latest estimates are 487 tonnes as at March 31 and 472 tonnes as of April 30.
Pages
