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BIS gold swaps collapsed in January, hinting at collapse of market-rigging system
Submitted by admin on Mon, 2025-02-10 11:44 Section: Documentation11:33a ET Monday, February 10, 2025
Dear Friend of GATA and Gold:
Gold swaps undertaken by the Bank for International Settlements collapsed in January, according to calculations drawn by GATA consultant Robert Lambourne from the bank's statement of account for January, published today:
BIS December report appears belatedly, shows slight decline in gold swaps
Submitted by admin on Mon, 2025-02-03 11:40 Section: Documentation11:37a ET Monday, February 3, 2025
Dear Friend of GATA and Gold:
The December statement of account of the Bank for International Settlements, due for publication last Friday, January 31, was posted at about 8:40a U.S. Eastern time today, showing, according to GATA consultant Robert Lambourne, a slight decline in the bank's gold swaps over the November level, from 81 tonnes to 78 tonnes:
Fed Chairman Burns admitted gold's competition with dollar but his latest successor lies about it
Submitted by admin on Sat, 2024-12-28 17:16 Section: Documentation5:13p ET Saturday, December 28, 2024
Dear Friend of GATA and Gold:
In his essay this week marking the 50th anniversary of the re-legalization of monetary gold in the United States in 1974 --
https://stuartenglert.substack.com/p/a-toast-to-50-years-of-legalized
-- researcher and author Stuart Englert noted the opposition by Arthur Burns, then chairman of the Federal Reserve Board.
... Dispatch continues below ...
Robert Lambourne: BIS gold swaps fell 13% in November as debt problems grew
Submitted by admin on Tue, 2024-12-10 21:30 Section: DocumentationBy Robert Lambourne
Wednesday, December 11, 2024
The November statement of account for the Bank for International Settlements was published this week --
https://www.bis.org/banking/balsheet/statofacc241130.pdf
-- and it indicates that the volume of gold swaps undertaken by the BIS fell from 93 tonnes on October 31 to 81 tonnes on November 29, a decline of 12 tonnes or 13%.
Chris Powell: Gold price suppression is fading as central banks change policy
Submitted by admin on Thu, 2024-11-21 11:12 Section: DocumentationIllustrations for this presentation are here: NOIC-Powell-Slides-11-21-2024.pdf
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Robert Lambourne: BIS gold swaps fell 17% in October amid hints of price reset
Submitted by admin on Sat, 2024-11-09 22:38 Section: DocumentationBy Robert Lambourne
Saturday, November 9, 2024
Robert Lambourne: BIS gold swaps fell from 157 tonnes in August to 112 in September
Submitted by admin on Sat, 2024-11-02 22:14 Section: DocumentationBy Robert Lambourne
Saturday, November 2, 2024
The September statement of account for the Bank for International Settlements was published this week --
The biggest scandal isn't what's illegal but what's perfectly legal
Submitted by admin on Mon, 2024-10-07 13:43 Section: Documentation12:42p ET Monday, October 7, 2024
Dear Friend of GATA and Gold:
Today in their latest incisive criticism of the U.S. government's repeal of the Glass-Steagall Act in 1999, a decision that allowed federally insured banks to trade stocks and derivatives and thereby put the bank deposits of ordinary people at risk, Pam and Russ Martens of Wall Street on Parade reveal a telling detail about JPMorgan Chase Bank.
... Dispatch continues below ...
Robert Lambourne: BIS gold swaps rose again in August
Submitted by admin on Fri, 2024-09-06 11:41 Section: DocumentationBy Robert Lambourne
September 6, 2024
The August statement of account for the Bank for International Settlements has just been published:
The U.S. is ready with a gold revaluation mechanism too
Submitted by admin on Fri, 2024-08-16 08:11 Section: Documentation1:36a ET Thursday, August 15, 2024
Dear Friend of GATA and Gold:
In an interview this week with Mark Moss of Market Disruptors that is posted at YouTube --