Koos Jansen: Austrian audit agency faults central bank over gold at Bank of England

Section:

1:35p ET Wednesday, February 25, 2015

Dear Friend of GATA and Gold:

Austria's government audit office has criticized the nation's central bank for depositing a disproportionate amount of the nation's gold reserves with the Bank of England, Bullion Star market analyst and GATA consultant Koos Jansen reports today. Jansen adds that the Austrian central bank has been steadily converting its foreign-vaulted gold from "unallocated" to "allocated" status -- that is, from being a mere credit against the depository to being ownership of particular metal. Jansen's report is posted at Bullion Star here:

https://www.bullionstar.com/blog/koos-jansen/austria-expresses-great-con...

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



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