Eric Sprott: Western ‘Central Banks’ gold is likely gone’

Image by dan / freedigitalphotos,net *

“Our analysis of the physical gold market shows that central banks have most likely been a massive unreported supplier of physical gold, and strongly implies that their gold reserves are negligible today”

“The central banks’ gold is likely gone, and the bullion banks that sold it have no realistic chance of getting it back.” Eric Sprott & David Baker (emphasis added)

Continue reading