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BIS trader removes gold 'interventions' from his biography

By: Chris Powell


-- Posted Monday, 16 April 2012 | | Disqus

Dear Friend of GATA and Gold:

ZeroHedge today catches the Bank for International Settlements admitting and then trying to cover up its services to member central banks in surreptitiously manipulating the gold market, work the BIS was positively advertising a few years ago in a promotional brochure for prospective central bank members that GATA brought to your attention in February:

http://www.gata.org/node/11012

ZeroHedge's report notes the lately much-shortened biography offered for BIS foreign exchange and gold trader Mikael Charoze, who until a few days ago boasted of running the BIS' foreign exchange and gold "interventions." Missing from Charoze's biography now is the latter word. Does that mean that the BIS doesn't do gold market interventions anymore? Whatever it means, you can be sure that mainstream financial news organizations and know-it-all market analysts won't be asking even as they ridicule complaints of surreptitious gold market intervention as mere "conspiracy theory" -- even when the "conspiracy" is admitted over and over again in official documents:

http://www.gata.org/taxonomy/term/21

The ZeroHedge commentary is headlined "BIS FX/Gold 'Intervention' Profiles -- Before And After" and it's posted here:

http://www.zerohedge.com/news/bis-fxgold-intervention-profiles-and-after

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

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Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:

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Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

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To contribute to GATA, please visit:

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-- Posted Monday, 16 April 2012 | Digg This Article | Source: GoldSeek.com

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