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