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Bron Suchecki: Dutch central bank hides gold bar list to conceal leasing

By: Chris Powell, Secretary/Treasurer, GATA

 -- Published: Tuesday, 30 August 2016 | Print  | Disqus 

Dear Friend of GATA and Gold:

Bron Suchecki, formerly an executive at the Perth Mint and now vice president for operations at Monetary Metals LLC, speculates today that the Netherlands central bank has refused to make public a list of its gold reserve bars because changes in the list would indicate how much gold leasing the bank has been doing.

Such an explanation would fit exactly with the secret March 1999 staff report of the International Monetary Fund, which acknowledged that central banks conceal their gold leases and swaps to facilitate their surreptitious intervention in the gold and currency markets:

http://www.gata.org/node/12016

Suchecki's commentary is headlined "Central Bank Non-Transparency" and it's posted at his blog, Gold Chat, here:

http://goldchat.blogspot.com/2016/08/central-bank-non-transparency.html

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

Join GATA here:

New Orleans Investment Conference
Wednesday-Saturday, October 26-29, 2016
Hilton New Orleans Riverside
New Orleans, Louisiana
http://neworleansconference.com/wp-content/uploads/2016/08/2016_Powell.h...

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

http://tinyurl.com/zr4tjuc

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

 


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 -- Published: Tuesday, 30 August 2016 | E-Mail  | Print  | Source: GoldSeek.com

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