You are here

From Nazis to refineries: How Switzerland has handled the world's gold

Section: Daily Dispatches

By Dominique Soguel-dit-Picard
Swiss Info, Bern, Switzerland
Sunday, June 23, 2019

A new book exposes the dark history of gold laundering in Switzerland and the modern challenge of cleaning up a lucrative industry. This is the story of the Alpine nation's dominance over global gold trade.

Written by Swiss anti-corruption watchdog Mark Pieth, "Gold Laundering -- The Dirty Secrets of the Gold Trade and How to Clean Up" -- shines a light on the key players in the gold industry, the risks associated with large-scale versus artisanal mining, and the shortcomings of various international regulations and certification schemes.

How did we get here? In a discussion with swissinfo.ch, Pieth explained how Switzerland came to be at the heart of a highly profitable but opaque trade. These are some of the key historical moments in the Swiss gold story, according to him. ...

... For the remainder of the report:

https://www.swissinfo.ch/eng/historical-book_from-nazis-to-refineries--h...



ADVERTISEMENT

The Safest and Most Efficient Way to Own
Gold and Silver in the United Kingdom

GoldCore's mission statement since 2003 has been to protect and grow the wealth of our clients, and given the growing risks in the United Kingdom and internationally, we have put together for clients who are tax-resident in the United Kingdom an exclusive gold and silver offer free of capital gains tax.

On all lump-sum and pension investments worth more than GBP 10,000 in gold and or silver (capital gains tax-free gold and silver Britannias and gold Sovereigns) stored in Zurich you will benefit from free secure storage for six months. We also will send you one British legal-tender silver bullion coin, a beautiful 1-ounce silver Britannia.

Please visit GoldCore here for more information about this offer:

https://tinyurl.com/y5jq2pl7

GoldCore does not report transactions to any authority. Safety, privacy, and confidentiality are paramount when we are entrusted with storage of our clients' precious metals.

Email the GoldCore team at info@goldcore.com or call our trading desk:

UK: +44(0)203-086-9200. U.S.: +1-302-635-1160. International: +353(0)1-632-5010.

Visit us at:

http://www.goldcore.com



Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16