In this article, Bron Suchecki addresses an
article by Andrew Maguire on the TF Metals Report blog that explained how
bullion banks use Exchange Traded Funds (ETFs) to suppress the prices of gold
and silver. Bron’s article covers:
• Whether ETF’s have the gold?
How the ETF market making process works
The borrowing of shares
Fractional reserve bullion banking
as well as the ways bullion banks can
use and trade ETFs and an opinion on how significant the ETFs and the
transaction mechanisms around them are to the precious metal markets.
Download ETF Price Suppression (pdf