BIS collects a lot more gold, but from whom?

Submitted by cpowell on 07:18AM ET Wednesday, October 13, 2010. Section:

MineWeb's Rhona O'Connell writes that it might have been moved to the Bank for International Settlements, whose gold holdings are now reported to have increased substantially over the last few months, quite apart from the sensational and huge but mysterious BIS gold swap already much discussed.

Of course O'Connell's report at MineWeb takes for granted that there's no point in seeking information on the point directly from the source, the BIS itself. Apparently she didn't bother calling the bank's public information office to get an explanation. No, everything about official gold is tightly concealed -- nothing to see here, please move along.

O'Connell's report at MineWeb is headlined "BIS Taking in More Gold -- Who Are the Counterparties This Time?" and you can find it here:

http://www.mineweb.com/mineweb/view/mineweb/en/page33?oid=112890&sn=Deta...

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