Saturday, January 26, 2019

The End of Sanctuarization of Banque de France’s Gold : New Evidence

My last article on the end of sanctuarization of the Banque de France’s gold grabbed a lot of attention, drawing over 20 000 readers and getting nearly 500 re-tweets. However, this news hasn’t made it to the main stream media – maybe it sounded too much like a conspiracy theory (a ridiculous accusation, and I challenge anyone to find any trace of that in my eight books; I only use public data and known sources). So let’s get back to this important issue. This information – the creation of a gold market between Banque de France and JP Morgan – was dispatched by Reuters on November 12. And there was no accompanying statement to the news, which is a little bizarre, denoting a troubling taste for secrecy. The primary source for Reuters is an article by Sylvie Goulard, second deputy governor of the Banque de France, in the October Alchemist magazine. Since we have free access to it, let’s read it! First of all, an observation: "Since the 2008 financial crisis, there...

from GoldBroker.com https://www.goldbroker.com/news/end-sanctuarization-banque-france-gold-new-evidence-1473

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