LIVE Gold Prices $  | E-Mail Subscriptions | Update GoldSeek | GoldSeek Radio 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page >> News >> Story  Disclaimer 
Latest Headlines

COT Gold, Silver and US Dollar Index Report - May 17, 2019

Gold Minersí Q1í19 Fundamentals
By: Adam Hamilton, CPA, Zeal Research

Three safe-haven reasons to own gold
By: Richard (Rick) Mills, Ahead of the herd

Trumpís China Blunder
By: Peter Schiff, President and CEO Euro Pacific Capital

Is the Trade War a Catalyst for Gold?
By: Jordan Roy-Byrne CMT, MFTA

Bitcoin Mania Is Back! Are You Ready to Rumble?
By: Rick Ackerman, Rick's Picks

Precious Metals Update Video: Gold support around $1,282
By: Ira Epstein

Asian Metals Market Update: May-17-2019
By: Chintan Karnani, Insignia Consultants

GoldSeek Radio Nugget: Louis Navellier
By: Chris Waltzek, GoldSeek Radio

Gold: Ratio Charts Offer the Key to the Bull
By: Rambus


GoldSeek Web

Why didn't Handelsblatt ask the Bundesbank the right questions about gold?

By: Chris Powell, Secretary/Treasurer, GATA

 -- Published: Friday, 21 February 2014 | Print  | Disqus 

Dear Friend of GATA and Gold:

Germany's Bundesbank has posted an English translation of an interview published Wednesday by the German business newspaper Handelsblatt with Bundesbank Executive Board member Carl-Ludwig Thiele, an interview that unfortunately concentrates on the logistics of repatriating some of Germany's gold from the Federal Reserve Bank of New York rather than on what might have been done with that gold:

(Thanks to gold researcher and GATA consultant Koos Jansen for calling attention to the interview.)

As if by calculation, Handelsblatt asks Thiele no questions aimed at the gold market policies of the Bundesbank, the Federal Reserve, and allied central banks, including:

1) In the last 20 years has the Bundesbank engaged in gold swaps or leases with other central banks, including the Federal Reserve and U.S. Treasury Department, or with other financial institutions? If so, what were the purposes of those swaps and leases?

2) In the last 20 years has the Bundesbank traded in gold or gold-related financial instruments, directly or through the Bank for International Settlements or other intermediaries? If so, what was the purpose of such trading? Does the Bundesbank have gold accounts at the BIS or other central banks or financial institutions now? Will the Bundesbank disclose the records of such trades and accounts?

3) Is the Bundesbank aware of any central bank interventions in the gold market in the last 20 years? Will the Bundesbank disclose such interventions?

4) Will the Bundesbank disclose any and all correspondence it has had involving gold with other central banks and financial institutions in the last 20 years?

5) In the last 20 years has the Bundesbank participated in any meetings of the G-10 Gold and Foreign Exchange Committee or similar international committees involving the gold market? Does the Bundesbank have any records of such meetings and, if so, will the Bundesbank disclose them?

6) Over the last 20 years what has been the Bundesbank's policy, if any, toward the gold market? How, if at all, is the Bundesbank still involved in that market? Does the Bundesbank provide or has the Bundesbank provided support in any way to the Western fractional-reserve gold banking system?

Of course it's easy to understand why the Bundesbank and other central banks might not want to answer such questions. Answers might disclose market rigging and deception. But why won't Handelsblatt ask such questions? Indeed, why won't any Western financial journalists put such questions to any Western central bank? Are market rigging and deception by government perfectly acceptable to financial journalism?

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

* * *

Join GATA here:

Mines and Money Hong Kong
Hong Kong Convention and Exhibition Centre
Monday-Friday, March 24-28, 2014
Hong Kong Special Administrative Region, China

* * *

Support GATA by purchasing DVDs of our London conference in August 2011 or our Dawson City conference in August 2006:

Or by purchasing a colorful GATA T-shirt:

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

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:

To contribute to GATA, please visit:

| Digg This Article
 -- Published: Friday, 21 February 2014 | E-Mail  | Print  | Source:

comments powered by Disqus


Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to >> Story

E-mail Page  | Print  | Disclaimer 

© 1995 - 2019 Supports

©, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer


The views contained here may not represent the views of, Gold Seek LLC, its affiliates or advertisers., Gold Seek LLC makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of, Gold Seek LLC, is strictly prohibited. In no event shall, Gold Seek LLC or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.