Banque de France’s Gold Isn’t Sanctuarized Anymore
By GCRU Gold News on Sunday, January 13 2019, 02:42 - Permalink
As a very well informed article in Revue Banque explains, Banque de France’s gold reserves will be “mobilized” in order to guarantee gold/currencies swaps and gold leasing. As of now, only other central banks will be able to use those financial products with the Banque de France, but since it has taken on JP Morgan as a partner (why not a French bank?), this opens up the possibility that, in the future, other international commercial banks may have access to them.