Russian central bank won’t answer gold questions

8:43a PT Wednesday, June 6, 2012

Dear Friend of GATA and Gold:

Schall’s questions well might be put to any central bank and probably would evoke the same refusals to answer. On any planet with actual financial journalism, a news story might be found in this secrecy and certain conclusions drawn from it. Instead when it comes to gold the financial news media settle for comment from supposed market analysts, taking for granted that the market’s biggest actors are not to be pressed for answers and not even mentioned if mentioning them can be avoided.

All this constitutes another proof of a heavily manipulated market, even as such manipulation is denied by market analysts whose next question to central banks will be their first.

Schall’s report is headlined “Central Bank of Russia Refuses to Comment on Gold Questions” and it’s posted at his Internet site here:

http://www.larsschall.com/2012/06/06/central-bank-of-russia-refuses-to-c…

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

 

Original article here.