ShareEdwin M. Truman, who calls for transparency regarding gold swap and lease arrangements among central banks, has engaged enough on this topic with me. And then there’s a message from the NY Fed related to the repatriation of some German gold from NYC to Frankfurt. It can’t discuss the issue due to “contractual confidentiality requirements.”
Posts Tagged ‘Chris Powell’
ShareYesterday I have published some answers that I received from Edwin M. Truman related to international gold politics. Here’s a reply from the Canadian financial analyst Rob Kirby.
ShareHere’s an English translation of yesterday’s report in Handelsblatt about the Bundesbank’s plan to retrieve German gold vaulted abroad, and a response by Peter Boehringer, founder of the German “Repatriate Our Gold” campaign. UPDATE: A comment by legendary Jim Sinclair.
IWF-Geheim-Bericht: Verschleierung von Gold-Verleihungen und -Swaps als Mittel der Marktmanipulation
ShareWestliche Zentralbanken verbergen ihre Gold-Verleihungen und Swaps, weil Informationen darüber “höchst markt-sensibel” sind und eine Rechenschaftspflicht geheime Devisenmarktinterventionen durch Zentralbanken hindern würde – so ein vertraulicher Bericht des Internationalen Währungsfonds, den das Gold Anti-Trust Action Committee diese Woche erhielt.
ShareYou may have heard the Austrian Central Bank admitting that their gold is partly leased. I’ve tried to get some answers from the communications division of the OeNB to related questions.
ShareI have some difficulties with the “answer“ that the Bundesbank gave me recently related to the German gold reserves. Not only that they brushed me off – no, they can’t even treat individual questions individually.
ShareI wrote an email with questions related to the German gold reserves to the Bundesbank in Frankfurt . Unfortunately, all I received was a kind of elaborate: Let’s better say nothing.