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Alasdair Macleod: Untangling gold at the Bank of England

posted on Jul 31, 2013 02:22PM

Alasdair Macleod: Untangling gold at the Bank of England

Submitted by cpowell on 05:37AM ET Wednesday, July 31, 2013. Section: Daily Dispatches

8:30a ET Wednesday, July 31, 2013

Dear Friend of GATA and Gold:

GoldMoney research director Alasdair Macleod today reviews in detail the recent gold accounting provided by the Bank of England to explain his conclusion that the bank, a major custodian of the gold of central banks around the world, appears to have sold about 1,300 tonnes in recent months to smash the metal's price down.

As your secretary/treasurer reported yesterday --

http://www.goldmoney.com/en-gb/news-and-analysis/news-and-analysis-archi...

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