Bundesbank doesn't really want its gold back from NY Fed, Rickards says
8:17p ET Tuesday, September 24, 2013
Dear Friend of GATA and Gold:
Interviewed by Tekoa da Silva at Bull Market Thinking, fund adviser and geopolitical strategist James G. Rickards charges that the Federal Reserve is "manipulating every market in the world," including gold. Rickards adds that Germany's Bundesbank really doesn't want any of its gold returned from the Federal Reserve Bank of New York and has arranged for the return of a small part of it only as a political sop to agitation in Germany's parliament. Rather, Rickards says, the Bundesbank wants to remain part of the scheme of Western central banks to manipulate the gold market, which is best accomplished by storing and leasing gold in the major trading centers of New York and London. Still, he expects big changes in the world monetary system within two years. A summary of the interview and a link to its audio are posted at the Bull Market Thinking Internet site here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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