Robert Lambourne: BIS Gold Swaps Rise 26 Tonnes as Soaring Debt Makes Price Suppression Harder

Robert Lambourne: BIS Gold Swaps Rise 26 Tonnes as Soaring Debt Makes Price Suppression Harder

SGT Report - 2023-09-12 - Original post - Cached copy

by Robert Lambourne, Gold Seek: Active trading in gold swaps by the Bank for International Settlements (BIS), the central bank of the central banks, in August. From information in the BIS’ August 31 statement of account, published this week — https://www.bis.org/banking/balsheet/statofacc230831.pdf — it is estimated that the volume of the bank’s gold swaps increased 26 […]

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