Central banker Musical Chairs at the LBMA – Fed exits, Banque de France joins
By GCRU Gold News on Friday, June 26 2020, 03:07 - Permalink
For a group famous for its caution in appearing associated with and endorsing gold, Western central bankers seem to have made an exception when it comes to sitting on the bord of directors of the world’s largest bullion bank gold cartel, the London Bullion Market Association (LBMA). But maybe that’s the point. Because, if central banks and their proxies are close to the action in the gold market, they will be able to control their interests, as well as influence and control others.