Ronan Manly: Who owns the world's largest gold hoards? Not central banks


7:23p ET Monday, January 9, 2017

Dear Friend of GATA and Gold:

The largest gold reserves around the world, gold researcher Ronan Manley writes today, are for the most part not owned by central banks but rather by national governments that happen to vault them with central banks. So, Manley adds, the secrecy woven around the reserves by central banks is arrogant and inappropriate and all data about them should be made public as a matter of form. Manly's commentary is headlined "Who Owns the World's Largest Gold Hoards? Not the Central Banks" and it's posted at Bullion Star here:

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


Market Analyst Fabrice Taylor Expects K92 Shares to Rise
as Company Commences Gold Production and Gains Cash Flow

Interviewed on Business News Network in Canada, market analyst and financial letter writer Fabrice Taylor said shares of K92 Mining (TSXV:KNT) are likely to rise, even amid declining gold prices, because the company has begun producing gold at its mine in Papua New Guinea:

Taylor cited the company's announcement here:

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