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Koos Jansen: The London float and PBOC gold purchases
11:04a ET Friday, September 25, 2015
Dear Friend of GATA and Gold:
Analyzing information from the London Bullion Market Association, the United Kingdom's customs office, Swiss refiners, and the Shanghai Gold Exchange, gold researcher and GATA consultant Koos Jansen reports today that more than 1,700 tonnes of gold have left London in recent years with no identifiable destination. It's probable, Jansen concludes, that the gold went to the People's Bank of China. His analysis is headlined "The London Float and PBOC Gold Purchases" and it's posted at Bullion Star here:
https://www.bullionstar.com/blogs/koos-jansen/the-london-float-and-pboc-...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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