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The Greek/B.I.S. currency gold swap

Julian D.W. Phillips - Gold Forecaster | July 08, 2011 | 5:07 pm Energy Precious Metals Europe Gold 

The Bank of International Settlement holds 500.7 tonnes of gold as at the end of 2010.  Why? In the third quarter of 2009 it held just under 120 tonnes.   These were part of currency/gold swaps.   There are no details of the...

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