Alasdair Macleod talks with Max Keiser from 13.00 about Gold market, GOFO and questions whether "1300 tonnes of gold missing from the Bank of England?" If it is true, this gold was used to suppress the Gold price during the recent Special OP: Gold Wash Out. The record low COMEX Gold is indicating the Bear Squeeze in Gold coming to the market.
"We have more and more evidence about the manipulation in the Gold market in order to save the day of the former reserve currency of choice - US Dollar. Markets can not be manipulated forever - Gold's come back will surprise a lot of investors. China will be writing a lot of "Thank you" cards to the "clueless Bernanke"."
Submitted by cpowell on Tue, 2013-07-30 15:08. Section: Documentation
11:11a ET Tuesday, July 30, 2013
Dear Friend of GATA and Gold:
The Bank of England refuses to explain what appears to be a huge discrepancy in its accounting of the gold it holds in custody, a difference of as much as 1,200 tonnes between the total reported in the bank's annual report in February and the total reported in a "virtual tour" of the bank posted this month at the bank's Internet site:
The discrepancy was noted by GoldMoney research director Alasdair Macleod last week during an interview with Max Keiser on the "Keiser Report" program on the Russia Today television network:
Responding to Macleod's assertions, your secretary/treasurer wrote to the bank's public information office Sunday seeking clarification about the bank's custodial gold.