Austrian central bank says gold audit is routine -- and secret

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Published : May 28th, 2014
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The audit of its gold reserves vaulted at the Bank of England that last week was reported being planned by the Austrian central bank --

http://www.gata.org/node/14031

-- has been conducted and was part of a routine series of audits by the bank and its results will not be made public, a bank spokesman said today.

The bank spokesman, Christian Gutlederer, commented in response to an inquiry by the German freelance financial journalist Lars Schall.

In addition to inquiring about the gold audit, Schall asked if the Austrian central bank would be publishing a list of the serial numbers of its gold bars, but the bank spokesman did not acknowledge the question.

Like most central banks, the Austrian central bank has a history of refusing to answer questions involving its gold reserves. Schall has tried with the bank before:

http://www.larsschall.com/2012/12/04/austrian...eclines-to-a...

Today's reply to Schall from the Austrian central bank spokesman is appended.

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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.
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