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Craig Hemke at Sprott Money: Hints that Basel 3 is curtailing Comex gold shorting
9:54p ET Tuesday, June 8, 2021
Dear Friend of GATA and Gold:
The TF Metals Report's Craig Hemke reports tonight at Sprott Money that "Basel 3" Net Stable Funding Ratio regulations appear staged for implementation by banking regulators in the United States on July 1 and that the banks trading gold futures on the New York Commodities Exchange appear to be steadily closing their short positions.
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Hemke's analysis is headlined "Basel 3 and Comex Gold" and it's posted at Sprott Money here:
https://www.sprottmoney.com/blog/Basel-3-and-COMEX-Gold-Craig-Hemke-June-08-2021
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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