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Koos Jansen: Gold leased in China is not double-counted as in the West
8:45a CET Wednesday, December 10, 2014
Dear Friend of GATA and Gold:
While gold leased in the Western central banking and general banking systems is typically double-counted (or more), Bullion Star market analyst and GATA consultant Koos Jansen reports today, gold leased in China's banking system is not. Jansen's analysis is headlined "A Close Look at the Chinese Gold Lease Market" and it's posted at Bullion Star here:
https://www.bullionstar.com/blog/koos-jansen/a-close-look-at-the-chinese...
CHRIS POWELL, Secretary/Treasurer
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