GOLD gold futures
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goldmick"I would interpret this as the BIS having the ability to...

  1. timber1956
    7,424 Posts.
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    22/02/12
    10:18
    Post #: 9731015
    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
    Value at posting: $0.00
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