goldmick
"I would interpret this as the BIS having the ability to intervene in the gold market on behalf of a client/s."
The BIS is there to make up international standards for bank regulation and facilitate transactions between central banks. It doesn't deal in the open markets.
http://www.bis.org/about/index.htm?l=2
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- call the bis at 1-800-rig-mkts
call the bis at 1-800-rig-mkts, page-6
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