At the risk of starting a private thread ....
There is one big question that I have trouble with ... WHY did the CB's agree on a leasing rate of .1% ... I have 2 theories:
1. The CB's weren't earning anything from stored gold so some smart bunny approached them with this 'scam' and they thought 'why not' ... let's at least get something.
2. There in on the scam in other ways.
Blind Freddy can see that this is essentially giving the Bullion Banks 'free money' ... why did they do it ... this might raise a far more important question than GATA's revelation that it is actually happening (or happened!) ... something stinks here.
PS ... Tell David it's the home loans guy from the Gold Coast :-)
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