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Documentation

At LBMA conference, BIS exec shows off his experience secretly intervening in gold

Section: Documentation

10:33p ET Monday, November 28, 2022

Dear Friend of GATA and Gold:

Along with mining entrepreneur Pierre Lassonde and professional nihilist Doug Casey, some bigshots in the monetary metals sector still contend that central banks don't care much about gold.

Robert Lambourne: BIS is nearly out of its gold swap business

Section: Documentation

By Robert Lambourne
Thursday, November 10, 2022

After 12 years in the gold swap business, the Bank for International Settlements seems to have just about gotten out.

The bank's October statement of account, just published --

https://www.bis.org/banking/balsheet/statofacc221031.pdf

Robert Lambourne: BIS gold swaps stay very low for second month

Section: Documentation

By Robert Lambourne
Monday, October 31, 2022

The recently released September statement of account of the Bank for International Settlements --

https://www.bis.org/banking/balsheet/statofacc220930.pdf

Chris Powell: Gold market manipulation update (October 2022)

Section: Documentation

Illustrations for this presentation can be found here: NOIC-Slides-10-12-2022.pdf 

* * *

ILLUSTRATION 1

Remarks by Chris Powell
Secretary/Treasurer, Gold Anti-Trust Action Committee Inc.
New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Wednesday, October 12, 2022

Robert Lambourne: BIS shows tiny increase in its August gold swaps

Section: Documentation

By Robert Lambourne
Saturday, September 10, 2022

The recently released August statement of account of the Bank for International Settlements --

https://www.bis.org/banking/balsheet/statofacc220831.pdf

Robert Lambourne: BIS has nearly ended its gold swap business

Section: Documentation

By Robert Lambourne
Tuesday, August 9, 2022

According to its just-published statement of account for July, the Bank for International Settlements has nearly ended its gold swap business, which it has been operating since 2009.

The July statement --

https://www.bis.org/banking/balsheet/statofacc220731.pdf

Robert Lambourne: BIS gold swaps keep falling sharply, down 60% in six months

Section: Documentation

By Robert Lambourne
Wednesday, July 20, 2022

Gold swaps undertaken by the Bank for International Settlements, the major gold broker for central banks, fell substantially again in June, this time by 68 tonnes, bringing the bank's total swaps down to 202 tonnes from the 501 tonnes on the bank's books in January, a decline of nearly 60% in six months. 

The bank's June statement of account is posted here:

https://www.bis.org/banking/balsheet/statofacc220630.pdf

BIS annual report confirms GATA analysis of gold interventions, avoids Russia issue

Section: Documentation

9:10a Monday, June 27, 2022

Dear Friend of GATA and Gold:

In his latest report on the gold market interventions of the Bank for International Settlements, appended here, GATA consultant Robert Lambourne is far too modest. For the bank's annual report, published Sunday, confirms the accuracy of Lambourne's years of doing monthly calculations of the bank's gold market interventions -- its involvement in gold swaps, about which the bank has been almost completely secret.

Robert Lambourne: BIS gold swaps fell substantially again in May

Section: Documentation

By Robert Lambourne
Tuesday, June 14, 2022

Another substantial reduction in the gold swaps of the Bank for International Settlements is indicated by the bank's statement of account for May:

https://www.bis.org/banking/balsheet/statofacc220531.pdf

Robert Lambourne: BIS gold swaps fall by a third in two months. Is 'Basel 3' kicking in?

Section: Documentation

By Robert Lambourne
Saturday, May 21, 2022

The recently released March and April 2022 statements of account of the Bank for International Settlements — 

https://www.bis.org/banking/balsheet/statofacc220331.pdf

https://www.bis.org/banking/balsheet/statofacc220430.pdf

— contain information suggesting a significant decrease in the bank's gold swaps.

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