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Koos Jansen: GOFO and the gold wholesale market
9:32p ET Monday, February 22, 2016
Dear Friend of GATA and Gold:
Gold researcher and GATA consultant Koos Jansen tonight provides a primer on gold banking -- its "forwards," "leases," and such, the major fog-making instruments created by investment banks and central banks to convert the metal into derivatives, create imaginary supply, and reduce competition for government currencies. Jansen's report is headlined "GOFO and the Gold Wholesale Market" and it's posted at Bullion Star here:
https://www.bullionstar.com/blogs/koos-jansen/gofo-and-the-gold-wholesal...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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