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Bullion Star's primer on the U.S. gold reserve

IMG Auteur
Chris Powell
GATA
Published : December 21st, 2016
127 words - Reading time : less than a minute
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Bullion Star today has posted a primer on the U.S. gold reserve, noting that it hasn't been audited terribly well in recent decades. More interesting to GATA is that the audits, such as they are, as well as general discussion and news reporting about the reserve never cover the secret gold swaps in which, according to a 2009 admission to GATA by a member of the Federal Reserve's Board of Governors, the Fed is secretly involved:

http://www.gata.org/node/7819

The secret March 1999 report of the staff of the International Monetary Fund to the IMF's board said central banks conceal their gold swaps and leases to facilitate their surreptitious intervention in the gold and currency markets:

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

Bullion Star's primer on the U.S. gold reserve is posted here:

https://www.bullionstar.com/gold-university/c...d-policies-u...
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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.
WebsiteSubscribe to his services
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