Mexican journalist tracks down his country's gold -- in London
Submitted by cpowell on Wed, 2012-10-17 00:49. Section: Daily Dispatches
8:38p ET Tuesday, October 16, 2012
Dear Friend of GATA and Gold:
The Mexican journalist Guillermo Barba, who last year revealed via GATA that the Bank of Mexico was refusing to disclose the location and form of the 93 tonnes of gold it supposedly had purchased recently --
-- announced this week that he has pried the answer out of the bank, using Mexico's freedom-of-information law just as GATA has been using U.S. FOI law.
Ninety-four percent of Mexico's gold, Barba reports, is said to be vaulted at the Bank of England in London -- that is, at the center of the fractional-reserve gold banking system.
So much for Mexico's sovereignty -- and so much for Mexico's gold.
Barba's report is posted at his blog here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Gold Anti-Trust Action Committee Inc.
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