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Central bankers gather privately in Washington this Friday to discuss gold

By: Chris Powell, Secretary/Treasurer, GATA

 -- Published: Monday, 13 April 2015 | Print  | Disqus 

Dear Friend of GATA and Gold:

Attention, mainstream financial journalists! Here's something else important for you to ignore this week, thanks to the diligent eye of gold researcher and GATA consultant Ronan Manly.

It's a breakfast meeting to be held Friday in Washington for "a select group of central banks and other official-sector institutions," sponsored by the Official Monetary and Financial Institutions Forum and the World Gold Council, to discuss "gold, the renminbi, and the multicurrency system," convened in conjunction with the spring meeting of the International Monetary Fund and World Bank Group, a United Nations agency:

http://www.omfif.org/meetings/briefings/

"Discussions," the discreet announcement from OMFIF says, "are under Chatham House Rules," whereby information may be used but never attributed:

http://www.chathamhouse.org/about/chatham-house-rule

While many nations with central banks purport to be representative democracies and while the World Gold Council purports to be the representative of the gold industry, some of whose participants actually have to get their hands dirty every day --

http://www.gold.org/about-us

-- attendance at Friday's meeting will be by invitation only. So for the record GATA has requested one.

But if you don't get an invitation, you can fairly assume that the valuation of all capital, labor, goods, and services in the world is none of your business. This is after all the central bankers' world. The rest of us are lucky that they let us even pass through it from time to time, though the impertinent among us might wonder why central bankers should need to talk in secret about something supposedly as irrelevant and retrograde as gold.

Good thing for them that mainstream financial journalists have neither curiosity nor backbone.

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

Support GATA by purchasing recordings of the proceedings of the 2014 New Orleans Investment Conference:

https://jeffersoncompanies.com/landing/2014-av-powell

Or by purchasing DVDs of GATA's London conference in August 2011 or GATA's Dawson City conference in August 2006:

http://www.goldrush21.com/order.html

Or by purchasing a colorful GATA T-shirt:

http://gata.org/tshirts

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

http://gata.org/node/wallstreetjournal

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:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16


| Digg This Article
 -- Published: Monday, 13 April 2015 | E-Mail  | Print  | Source: GoldSeek.com

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