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Gold withdrawals from New York Fed are increasing

Section: Daily Dispatches

8:30a Wednesday, August 31, 2016

Dear Friend of GATA and Gold:

Zero Hedge reports that foreign governments lately have hastened their withdrawal of gold held in custody at the Federal Reserve Bank of New York. The headline on Zero Hedge's report is "Gold Withdrawals from the NY Fed Accelerate, Hit 388 Tons Since 2014" and it's posted here:

http://www.zerohedge.com/news/2016-08-30/gold-withdrawals-ny-fed-acceler...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org



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