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Tuesday, October 30, 2012

The Coin Analyst: Central Bank Gold Holdings Believed To Be Smaller Than Governments Claim | CoinWeek

The Coin Analyst: Central Bank Gold Holdings Believed To Be Smaller Than Governments Claim | CoinWeek


An important development about gold is not receiving the attention it deserves in the mainstream, non-specialized media.
In particular, several reports have surfaced that the gold reserves of several Western countries are believed to be much smaller than previously estimated. That is a result of the fact that much of the gold is on lease to other countries, has been swapped, or in other cases, simply may not exist at all.

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