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Robert Lambourne: Why Is The BIS Doing Gold Swaps

December 21, 2023

There's a corner of the gold market that gets very little coverage, as for years the The Bank for International Settlements (the BIS) has been conducting gold swaps.

Although as you may well have guessed, they're rarely very public about the motive behind the swaps or why they are being used.

Fortunately there's an analyst named Robert Lambourne who has been tracking their activity, and today he joins me on the show to explain what's being done with these swaps and why they are taking place.

So to get a look inside, click to watch this video now!

Arcadia Economics

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In 1934 President Franklin Delano Roosevelt devalued the dollar by raising the price of gold to $35 per ounce.
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