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Report Raises Questions About Central Bank Gold Holdings

wa_ray_ancel Wrote: Nov 07, 2012 9:03 PM
The base voted Tea Party, while the Rethug's preached jobs, jobs, jobs in the 2010 election. They then took power and proceeded to do absolutely nothing about jobs, jobs, jobs. Go figure.

For years I have cautioned that changes in the ownership of gold held in the vaults of key central banks around the globe may not have been accurately reported. A report issued last month in Germany has once again brought these issues to the fore. In today's environment of rampant money creation and questioning of central bank activities, such uncertainty is bound to spark the curiosity of an increasing number of investors.

Since the depths of the 2008 financial crisis, central banks around the world have increased their gold holdings. As of January of this year, the International Monetary Fund estimated...

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