In a startling overstep of its remit, the bullion bank consortium, the London Bullion Market Association (LBMA), under cover of the OECD and a group of NGOs, has just launched a campaign against the independence of gold trading centres around the world, threatening to blacklist any market which fails to follow an LBMA set of recommendations about gold sourcing. The attack is mainly aimed at Dubai, and has already received ferocious backlash in the UAE and in India. Coming from an association whose most powerful banking members such as JP Morgan and Chase and Scotia have recently been prosecuted for precious metals price manipulation, this latest salvo from the LBMA reeks of hypocrisy and double standards. Thoughts? Reference: https://www.bullionstar.com/blogs/r...ens-to-blacklist-entire-gold-trading-centres/
‘Like mafia’: US tramples over European sovereignty in bid to stop Nord Stream 2, EU must FIGHT BACK – German MP to RT https://www.rt.com/business/507945-us-nordstream-eu-fight-mafia/
