BIS Gold Swaps Fall By A Third In Two Months (Is ‘Basel 3’ Kicking In?)
The recent data suggests that a downward trend in the bank’s swaps has begun, and a continuation of this trend would be…
Continue readingThe recent data suggests that a downward trend in the bank’s swaps has begun, and a continuation of this trend would be…
Continue readingGold swaps continue to be an important source of gold used in the BIS gold banking business with 53% of…
Continue readingThe BIS is a major gold broker for central banks and owns much gold itself, and the BIS…
Continue readingWith no silver around…
Continue readingThe recent level of gold swaps is the highest use of them by the BIS for at least 20 years. It also seems likely that the swaps are…
Continue readingAsk the BIS what it does in the gold market, for whom, and for what purpose and you won’t get any talk about the “soul” of money. You’ll get…
Continue readingOnce again it is shown that the BIS…
Continue reading“…swaps provide a mechanism for bullion banks to return gold originally lent to them by central banks to cover possible shortfalls…”
Continue readingDespite this reticence the BIS is almost certainly acting on behalf of central banks in…
Continue readingThe BIS seemingly remains an active trader of significant amounts of gold swaps on a regular basis. So far there seems to be no definitive sign that the BIS…
Continue readingThere is no doubt we had HUGE banker short covering on the BIS manipulation…
Continue readingGold advocates are getting hopeful that Liberation Day will come this summer…
Continue readingIt is likely that the current level of gold swaps is the highest use of them by the BIS for at least 20 years. It also seems likely that…
Continue readingNo explanation for the continuing high level of swaps has been published by the BIS. Indeed, the bank has offered…
Continue readingTo put this into context, the volume of the BIS’ gold swaps remains larger than the 504 tonnes of gold held by the ECB. The BIS has…
Continue readingDespite JP Morgan getting fined for spoofing and several other banks also getting caught and fined, the mysterious drops in the silver price continue…
Continue readingThe BIS’ use of gold swaps and derivatives has been extensive…
Continue readingWhile gold was unable to sustain its move over $2,000, for now, the overt price intervention efforts over the last 4 weeks have, at best…
Continue readingThe use of gold swaps and derivatives by the BIS has been extensive…
Continue readingWe’re in our 4th day of gold & silver whackings. They like to whack around the jobs report and the Labor Day holiday. No doubt the bankers are worried about…
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