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Germany's Bundesbank has posted an English
translation of an interview published Wednesday by the German business
newspaper Handelsblatt with Bundesbank Executive
Board member Carl-Ludwig Thiele, an interview that unfortunately concentrates
on the logistics of repatriating some of Germany's gold from the Federal
Reserve Bank of New York rather than on what might have been done with that
gold:
http://www.bundesbank.de/Redaktion/EN/Interviews/2014_02_19_thiele_hande...
(Thanks to gold researcher and GATA consultant Koos Jansen for calling attention to the interview.)
As if by calculation, Handelsblatt
asks Thiele no questions aimed at the gold market policies of the
Bundesbank, the Federal Reserve, and allied central banks, including:
1) In the last 20 years has the Bundesbank engaged
in gold swaps or leases with other central banks, including the Federal
Reserve and U.S. Treasury Department, or with other financial institutions?
If so, what were the purposes of those swaps and leases?
2) In the last 20 years has the
Bundesbank traded in gold or gold-related financial instruments, directly or
through the Bank for International Settlements or other intermediaries? If
so, what was the purpose of such trading? Does the Bundesbank have gold
accounts at the BIS or other central banks or financial institutions now? Will
the Bundesbank disclose the records of such trades and accounts?
3) Is the Bundesbank aware of any central bank
interventions in the gold market in the last 20 years? Will the Bundesbank disclose such interventions?
4) Will the Bundesbank disclose any and all
correspondence it has had involving gold with other central banks and
financial institutions in the last 20 years?
5) In the last 20 years has the Bundesbank
participated in any meetings of the G-10 Gold and Foreign Exchange Committee
or similar international committees involving the gold market? Does the
Bundesbank have any records of such meetings and, if so, will the Bundesbank
disclose them?
6) Over the last 20 years what has been the
Bundesbank's policy, if any, toward the gold market? How, if at all, is the
Bundesbank still involved in that market? Does the Bundesbank provide or has
the Bundesbank provided support in any way to the Western fractional-reserve
gold banking system?
Of course it's easy to understand why the Bundesbank
and other central banks might not want to answer such questions. Answers
might disclose market rigging and deception. But why won't Handelsblatt ask such questions? Indeed, why won't
any Western financial journalists put such questions to any
Western central bank? Are market rigging and deception by government
perfectly acceptable to financial journalism?
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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