07/31/13

Permalink Bank of England Refuses Comment on Huge Discrepancy in Custodial Gold Reports

The Bank of England refuses to explain what appears to be a huge discrepancy in its accounting of the gold it holds in custody, a difference of as much as 1,200 tonnes between the total reported in the bank's annual report in February and the total reported in a "virtual tour" of the bank posted this month at the bank's Internet site. The discrepancy was noted by GoldMoney research director Alasdair Macleod last week during an interview with Max Keiser on the "Keiser Report" program on the Russia Today television network.

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