Articles related to LME
 
Gold price management - Bix Weir
The Great Silver Mystery...REVEALED!

Friday, January 22, 2021
Mickey Fulp - The Gold Report
Why Copper Is a Critical Metal: Mickey Fulp 
Copper is often referred to as "Dr. Copper," the metal with a Ph.D. in economics. Yet most analysts don't view it as a critical metal. In this interview with The Critical Metals Report, Mickey Fulp, author of The Mercenary Geologist, gives his thoughts on why the experts are wrong and why copper should be considered a critical metal.
Friday, December 25, 2020
Bix Weir
The Great Silver Mystery...REVEALED! 
Let me start off by saying that what I am going to postulate should not in any way be considered fact...because I am not in possession of proof. I am merely postulating on where all the mystery silver comes from to be sold on the physical silver market. Since the early 2000's almost every serious silver analyst has been pounding the table that there is no above ground silver available and it is the "buy of a lifetime".
Sunday, August 9, 2020
Gold Coins - Goldmoney
Gold coins: The Vienna Philharmonic 
The Vienna Philharmonic has been minted by the Austrian Mint "Münze Österreich AG" since 1989. After Great Britain, Austria was the second state in Europe to start producing an official gold coin. Until 1991 the coin was minted in one ounce and quarter ounce versions. Due to the great sales success, a tenth-ounce coin was released in 1991, which was followed by a half-ounce in 1994.
Friday, July 17, 2020
Chris Powell - GATA
As Asia takes over gold trade, World Gold Council considers standard for kilobars
LONDON -- The World Gold Council is studying the creation of a global standard for gold kilobars so they can be deployed as collateral in futures markets and potentially encourage demand, sources close to the matter said. Kilobars -- 1 kilogram gold bars -- dominate Asian trade but a lack of transparency about their origin and the absence of a global standard hinders their use on exchanges elsewhere. Clearing houses, some of which allow bullion to be used as collateral on futures markets, might
Monday, January 22, 2018
Stewart Dougherty
Gold EFPs: Absolute Proof that the Paper Gold Price is a Fraud 
In recent months, the issuance of gold Exchange for Physical (EFP) contracts has surged. EFPs convert a physically deliverable Comex gold contract into an LBMA or LME contract supposedly deliverable at a later date ex London and/or Hong Kong. As an incentive for Comex contract holders to accept EFPs, a cash bonus reportedly is paid. EFPs in silver are also being issued in vast quantities, but we will focus on gold for brevity.Most gold market observers believe that EFPs are a Comex gimmick desig
Monday, December 18, 2017
The Energy Report
Cobalt Pure-Play Hitched to Electric Vehicle Boom
Forecasts of an electric vehicle boom are behind skyrocketing demand for cobalt, a major component in batteries. In this interview with The Energy Report, Anthony Milewski, CEO of Cobalt 27 Capital Corp., discusses the company's unique position as a two-pronged pure-play on cobalt. The Energy Report: Would you bring us up to date on what's happening in the cobalt market? Anthony Milewski: A few weeks ago was LME Week in London, which is the annual gathe
Tuesday, November 21, 2017
Chris Powell - GATA
Ronan Manly: Will anyone notice LME's new gold and silver reference prices
Gold researcher Ronan Manly today analyzes the London Metals Exchange's 2-month-old system of posting daily reference prices for gold and silver and finds it not yet very useful or competitive with the prices reported by the Intercontinental Exchange and London Bullion Market Association. Manly concludes: "Ideally the London gold and silver markets do not need an additional benchmark reflecting fractionally-backed unallocated gold and silver trading, but a benchmark and reference price reflectin
Saturday, November 4, 2017
Ronan Manly - Bullion Star
LME gold and silver Reference Prices: Will anyone notice
On 29 August, the London Metal Exchange (LME) began publication of a set of daily reference prices for gold and silver. These reference prices aim to capture and reflect paper gold and silver market prices as at 10:30 am, 12:00 midday, and 3:00 pm London time. Anyone familiar with the former London gold and silver fix auctions, or the successor LBMA Gold Price and LBMA Silver Price auctions, will know that the LBMA gold auction is conducted twice daily at 10:30 am and 3.00 pm London time, while
Saturday, November 4, 2017
Chris Powell - GATA
Barclays sued by fund for $850 million in metals market abuse
Red Kite Management Ltd., the world's largest metals hedge fund, is suing Barclays for alleged market abuse in the copper market that it claims cost the firm at least $850 million between 2010 and 2013. The case pits a $2 billion hedge fund against a bank that has been hit by a number of scandals in previous years, including large fines for manipulating Libor, the benchmark for interest rates. Red Kite, whose co-founder is the former treasurer of the U.K. Conservative Party, alleges that Barc
Friday, October 20, 2017
Richard Mills - Ahead of the Herd
Lithium Supercycle
The truth, in regards to the world’s mineral resources, is that we in the western developed countries are usually not in control of supply. “The spectre of resource insecurity has come back with a vengeance. The world is undergoing a period of intensified resource stress, driven in part by the scale and speed of demand growth from emerging economies and a decade of tight commodity markets. Poorly designed and short-sighted policies are also making things worse, not better. Whether or not resou
Tuesday, October 17, 2017
Alasdair Macleod - Finance and Eco.
Oil for gold – the real story
Following an article in the Nikkei Asia Review, which reported China will shortly introduce an oil futures contract priced in yuan, there has been some confusion about what it means. The article pointed out that in combination with existing gold futures priced in yuan, an oil exporter to China contracting to accept yuan could use these two futures contracts to take delivery of physical gold in payment for oil.I was quoted in that article as follows:"It is a mechanism which is likely to appeal to
Sunday, October 15, 2017
Chris Powell - GATA
LME to expand trading around gold and silver reference prices
LONDON -- The London Metal Exchange expects three more clearing members to join its precious metals contracts by year-end and is looking to expand trading around its gold and silver reference prices, Chief Executive Matthew Chamberlain told Reuters on Tuesday. Adding further clearing members is a top priority for the exchange as it looks to expand volumes on LME precious, the suite of gold and silver spot and futures it launched in July, Chamberlain said. "We have three clearing members who are
Wednesday, October 11, 2017
Ronan Manly - Bullion Star
LBMA Silver Price Benchmark – Changes, but no Wider Participation
On 21 September, ICE Benchmark Administration (IBA) announced that it will take over the administration of the daily LBMA Silver Price benchmark auction beginning Monday 2 October. This LBMA Silver Price auction is the successor to the former London Silver Fix auction. The auction takes the form of trading unallocated silver positions on an electronic platform. The resulting price from the daily auction provides a daily silver price reference rate or benchmark which is used widely throughout the
Friday, September 29, 2017
Alasdair Macleod - Finance and Eco.
Gold – crossing the Rubicon
Gold is challenging the $1300 level for the third time this year. If it breaks upwards out of this consolidation phase convincingly, it could be an important event, signalling a dollar that will continue to weaken.The factors driving the dollar lower are several and disparate. The US economy is sluggish relative to the rest of the world, the rise of Asia from which America is excluded is unstoppable, geopolitics are shifting away from US global dominance, and the end is in sight for monopolistic
Sunday, August 27, 2017
Theodore Butler - Butler Research
  The Key Test Ahead
Before getting into the subject of today’s title, allow me to update a couple of topics previously discussed. Last Wednesday, I offered a review of world silver inventories in which I concluded that there were roughly one billion oz in fully documented inventories of metal in industry standard 1000 oz bars and perhaps another 500 million to one billion additional oz in unverified holdings; making a grand total of 1.5 to 2 billion oz for world silver inventories in, essentially, the only form tha
Friday, August 4, 2017
Ronan Manly - Bullion Star
LBMA Gold Vault Data – How low is the London Gold Float
The London Bullion Market Association (LBMA) has just released a first update on the quantity of physical gold and silver holdings stored in the ‘LBMA’ London vaulting network. The LBMA press release explaining the move, dated 31 July, can be read here. This vaulting network, administered by the LBMA, comprises a set of precious metals vaults situated in London that are operated by the Bank of England and 7 commercial vault operators. For simplicity, this set of vaults can be called the LBMA Lon
Wednesday, August 2, 2017
24hgold
Reports Unaudited Second Quarter Results for 2017

Thursday, July 27, 2017
Bullion Vault
Gold Bullion Leaves GLD Again But 'Likely to Test' 2011 Downtrend as Dollar Falls
GOLD BULLION fell against all major currencies bar the US Dollar in London on Tuesday, losing 1% from yesterday's 3-week high in Euro terms as Western stock markets rose with major government bond yields. Ten-year US Treasury yields touched 1-week highs at 2.29% as bond prices fell ahead of tomorrow's US Federal Reserve decision on monetary policy – widely expected to leave rates and QE holdings unchanged.
Tuesday, July 25, 2017
Julian D. W. Phillips - Gold Forecaster
Gold Market Morning: July-25-2017: Gold consolidating above $1,250
Gold Today–New York closed yesterday at $1,257.20.London opened at $1,253.00 today.Overall the dollar was weaker against global currencies, early today. Before London’s opening:-The $: € was slightly weaker at $1.1654 after yesterday’s$1.1650: €1.-The Dollar index was slightly stronger at 93.97 after yesterday’s 93.94.-The Yen was weaker at 111.25 after yesterday’s 110.76:$1. -The Yuan was almost unchangedat 6.7506after yesterday’s 6.7503: $1. -The Pound Sterling was slightly weaker at $1.3031 a
Tuesday, July 25, 2017
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