Silver as an investment

Category Archives: LME

New LME gold contract sees lackluster launch

gata.org / By Henry Sanderson Financial Times, London / July 10, 2017 An attempt by the London Metal Exchange and a group of banks including Goldman Sachs to grab a chunk of London’s $5 trillion-a-year gold market through a new futures contract got off to a lacklustre start today. A total of $56 million worth of the […]

LME’s pitch for share of gold market faces bumpy ride

gata.org / By Peter Hobson and Pratima Desai via Reuters / January 23, 2017 LONDON — Fears of inflexibility and rising costs are sapping enthusiasm for the London Metal Exchange’s new suite of gold contracts, potentially leaving the exchange reliant on the threat of an increasing regulatory burden to drive uptake. London’s $5 trillion-a-year gold trade […]

Copper Is Crashing After Huge Spike In Inventories

zerohedge.com / by Tyler Durden – Jun 7, 2016 10:16 AM Copper futures are tumbling by the most in 2 months (testing back towards 4 month lows) after the biggest two-day increase in copper stockpiles monitored by LME since 2004. Dr.Copper is sick… READ MORE The post Copper Is Crashing After Huge Spike In Inventories […]

London gold fixing is open to manipulation, LME executive says

gata.org / By Eric Onstad, Reuters / June 10, 2014 LONDON — The global gold price setting benchmark or “fix” is open to manipulation, said the head of the London Metal Exchange (LME), which is competing to offer an alternative to the silver fix when the system is disbanded in August. The gold and silver […]

LME resumes electronic trading after technical fault

Traders had 15 to 20 minutes’ warning before trading was suspended bbc.co.uk / 24 September 2013 Last updated at 10:36 ET Electronic trading on the London Metal Exchange has resumed after a technical issue prevented trading for more than three hours. Electronic trading on the exchange was stopped at 09:58 BST and resumed at 13:10, […]

Class action suit may be just the start of metal warehouse owners’ legal woes

mineweb.com / By David Ingram / Monday , 05 Aug 2013  A U.S. class action alleging an illegal agreement to inflate aluminium prices may be just the start of aluminium buyers’ legal assault against warehouse owners such as Goldman Sachs Group Inc, lawyers with antitrust expertise said on Sunday. Goldman, other warehouse owners and the London Metal […]

London Metals-Fraud Revealed

bullionbullscanada.com / By Jeff Nielson / Tuesday, 30 July 2013 12:06 Approximately a month ago, the Corporate Media began leaking bits-and-pieces of information about “warehouse problems” involving the London metals-cabal: comprised of the LME (London Metal Exchange) and the LBMA (London Bullion Market Association). Being a close follower of this propaganda machine, I was well aware that such leaking […]

GLD bleeds again down to 964.69 tonnes/Dealer inventories at comex remain constant/Customer or Client gold rises slightly/Troubles in Greece, Portugal and Egypt tonight.

harveyorgan.blogspot.com / Tuesday, July 2, 2013 Good evening Ladies and Gentlemen: Gold closed down $12.30 to $1243.10 (comex closing time ). Silver fell by 26 cents to $19.30 (comex closing time) In the access market at 5:00 pm, gold and silver finished trading at the following prices : gold: 1243.90 silver: $19.35 At the Comex, the […]

Hong Kong Exchanges Outbid JPM, Goldman, Acquire LME

silverdoctors.com / June 15, 2012 Hong Kong Exchanges & Clearing have beaten out the Western banksters (The Morgue and The Vampire Squid) and have acquired the LME (London Metals Exchange). Please note that this is NOT the LBMA, and the cartel has not just ceded control of their physical gold and silver bullion exchange vehicle […]

Chinese offer £1.3bn for metal exchange

London Metal Exchange Photo: Bloomberg telegraph.co.uk / By Anna White / 9:22PM BST 10 Jun 2012 Hong Kong Exchanges and Clearing, which counts the Chinese government among it shareholders, is understood to have tabled a £1.3bn offer for the City’s last “open cry” market, and a decision is expected to be announced within days. The […]