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Koos Jansen: Why Austria is repatriating gold from London
8:05p ET Tuesday, November 3, 2015
Dear Friend of GATA and Gold:
Gold researcher and GATA consultant Koos Jansen tonight analyzes Austrian central banker Peter Mooslechner's recent interview with the clueless Daniela Cambone of Kitco News and concludes that it was full of dissembling. Austria, Jansen writes, is not repatriating its gold from the Bank of England because of "concentration risk," as Mooslechner maintained, but because the gold could not be reliably audited after a long period of leasing and because of "economic nationalism."
Central banks, Jansen adds, see gold returning to the center of the world financial system and are slowly reclaiming what belongs to them, being careful not to give alarm.
Jansen's commentary is headlined "Why Austria Is Repatriating Gold from London" and it's posted at Bullion Star here:
https://www.bullionstar.com/blogs/koos-jansen/why-austria-is-repatriatin...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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