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Jaco Schipper: Nationalized ABN Amro offers fool's gold

IMG Auteur

Chris Powell

GATA

Published : June 03rd, 2013

71 words - Reading time : less than a minute

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	Analyzing the new terms under which the Netherlands bank ABN Amro offers to trade and hold gold, the Dutch economist Jaco Schipper finds that the bank's customers can have little idea of what they really own, where it is being kept, and what they can be sure of being able to liquidate. Schipper's commentary is headlined "Nationalized ABN Amro Offers Fool's Gold" and it's posted at his Internet site here: http://www.jcaschipper.nl/2013/05/nationalize...rs-fools-gol...

Data and Statistics for these countries : Netherlands | All

Gold and Silver Prices for these countries : Netherlands | All

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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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