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Koos Jansen: The Turkish gold standard, Part I

Section: Daily Dispatches

4:15p ET Thursday, January 8, 2015

Dear Friend of GATA and Gold:

Turkey, where gold seems to have begun use as money, effectively has remonetized the metal through bank deposits in gold, Bullion Star market analyst and GATA consultant Koos Jansen writes today. But, he adds, the system has counterparty risk, as it depends on bank solvency. Jansen's analysis is headlined "The Turkish Gold Standard, Part I" and it's posted at Bullion Star here:

https://www.bullionstar.com/blog/koos-jansen/the-turkish-gold-standard-p...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.



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