Ronan Manly: European Central Bank won't account for its gold reserves
6:45p ET Tuesday, November 15, 2016
Dear Friend of GATA and Gold:
Gold researcher Ronan Manly reports today that the European Central Bank does not audit its gold reserves, which are vaulted with other central banks, and will not disclose a list of the gold bars in its reserves. Such disclosure probably would impair their use in the swaps and leases undertaken by central banks for gold market rigging. Manly's report is headlined "European Central Bank Gold Reserves Held Across 5 Locations; ECB Will Not Disclose Gold Bar List" and it's posted at Bullion Star here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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