``We (just) had an example of a client moving a substantial amount (of gold) from a Swiss bank to our vaults, and we found out the bank didn't have the gold.  This was supposed to be allocated gold, but the bank didn't have it.  We didn't understand why there was a delay (in our vaults receiving the gold), but eventually we found out why there was a delay (the bank didn't have the gold).  It's absolutely amazing, but not surprising.'' -- Could this be UBS???

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