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  • peccatum_comedenti peccatum_comedenti Jan 27, 2013 1:18 PM Flag

    Bank of England reports having half of gold it should have.

    Last paragraph of an article at goldmoney to day called: Bank of England gold – the doubts remain

    This suggests that the amount of gold held by the Bank of England should be significantly greater than the 5,738 tonnes declared, particularly when bullion bank deposits within that total are accounted for. And if Austria’s 80% in London is anything to go by, despite the obvious convenience of the rival Zurich market on her doorstep, the custody figure should be closer to 11,500 tonnes.

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