2015-01-21gata.org

The London Telegraph's Ambrose Evans-Pritchard today interviews William White, the former official of the Bank for International Settlements who, in a speech in 2005 that he must have thought would not escape his immediate audience at the bank, admitted that a primary purpose of international central bank cooperation is to rig the gold market.

...

"We are in a world that is dangerously unanchored," said William White, the Swiss-based chairman of the Organization of Economically Developed Countries' Review Committee. "We're seeing true currency wars and everybody is doing it, and I have no idea where this is going to end."



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