2010-09-28gata.org

Macleod writes: "... the Western central bank cartel deliberately withholds information from the markets, lending credence to worst-case suspicions. They refuse to divulge leasing commitments and swap agreements. The Fed also refuses an independent audit of its gold reserves. While everyone accepts that central banks manipulate markets, the deliberate lack of information encourages suspicions that the cartel has little disposable gold left to deliver to the market. In contrast to the ex-communists, the cartel is managing information very badly."



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