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Ronan Manly: GLD conceals its gold dealings with Bank of England
Submitted by admin on Tue, 2022-12-20 11:41 Section: Documentation11:37a ET Tuesday, December 20, 2022
Dear Friend of GATA and Gold:
Bullion Star researcher Ronan Manly reports today that the SPDR Gold Trust, the exchange-traded fund better known as GLD, and its sponsor, the World Gold Council, are obscuring data in GLD's financial reports in violation of U.S. Securities and Exchange Commission rules, making it impossible for the public and investors to determine how much GLD gold is going into and out of the vaults of the Bank of England, a subcustodian of the fund's metal.
... Dispatch continues below ...
Robert Lambourne: BIS gold swaps reverse sharply upward as metal's price rises
Submitted by admin on Wed, 2022-12-07 15:22 Section: DocumentationBy Robert Lambourne
Wednesday, December 7, 2022
On November 10 my most recent commentary on the gold swaps of the Bank for International Settlements noted that "after 12 years in the gold swap business, the BIS seems to have just about gotten out":
It goes to show how wrong you can be, since the bank's November statement of account, just published --
At LBMA conference, BIS exec shows off his experience secretly intervening in gold
Submitted by admin on Mon, 2022-11-28 22:41 Section: Documentation10:33p ET Monday, November 28, 2022
Dear Friend of GATA and Gold:
Along with mining entrepreneur Pierre Lassonde and professional nihilist Doug Casey, some bigshots in the monetary metals sector still contend that central banks don't care much about gold.
Robert Lambourne: BIS is nearly out of its gold swap business
Submitted by admin on Thu, 2022-11-10 15:11 Section: DocumentationBy Robert Lambourne
Thursday, November 10, 2022
After 12 years in the gold swap business, the Bank for International Settlements seems to have just about gotten out.
The bank's October statement of account, just published --
Robert Lambourne: BIS gold swaps stay very low for second month
Submitted by admin on Mon, 2022-10-31 20:39 Section: DocumentationBy Robert Lambourne
Monday, October 31, 2022
The recently released September statement of account of the Bank for International Settlements --
Chris Powell: Gold market manipulation update (October 2022)
Submitted by admin on Wed, 2022-10-12 19:52 Section: DocumentationIllustrations for this presentation can be found here: NOIC-Slides-10-12-2022.pdf
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ILLUSTRATION 1
Remarks by Chris Powell
Secretary/Treasurer, Gold Anti-Trust Action Committee Inc.
New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Wednesday, October 12, 2022
Robert Lambourne: BIS shows tiny increase in its August gold swaps
Submitted by admin on Sat, 2022-09-10 20:27 Section: DocumentationBy Robert Lambourne
Saturday, September 10, 2022
The recently released August statement of account of the Bank for International Settlements --
Robert Lambourne: BIS has nearly ended its gold swap business
Submitted by admin on Tue, 2022-08-09 16:26 Section: DocumentationBy Robert Lambourne
Tuesday, August 9, 2022
According to its just-published statement of account for July, the Bank for International Settlements has nearly ended its gold swap business, which it has been operating since 2009.
The July statement --
Robert Lambourne: BIS gold swaps keep falling sharply, down 60% in six months
Submitted by admin on Wed, 2022-07-20 12:13 Section: DocumentationBy Robert Lambourne
Wednesday, July 20, 2022
Gold swaps undertaken by the Bank for International Settlements, the major gold broker for central banks, fell substantially again in June, this time by 68 tonnes, bringing the bank's total swaps down to 202 tonnes from the 501 tonnes on the bank's books in January, a decline of nearly 60% in six months.
The bank's June statement of account is posted here:
BIS annual report confirms GATA analysis of gold interventions, avoids Russia issue
Submitted by admin on Sun, 2022-06-26 23:27 Section: Documentation9:10a Monday, June 27, 2022
Dear Friend of GATA and Gold:
In his latest report on the gold market interventions of the Bank for International Settlements, appended here, GATA consultant Robert Lambourne is far too modest. For the bank's annual report, published Sunday, confirms the accuracy of Lambourne's years of doing monthly calculations of the bank's gold market interventions -- its involvement in gold swaps, about which the bank has been almost completely secret.