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Robert Lambourne

Robert Lambourne Articles

The recently reported February statement of account of the Bank for International Settlements discloses that the bank's use of gold swaps increased to about 552 tonnes, which appears to be a record high, slightly ahead of the estimate of...
The recently reported January statement of account of the Bank for International Settlements discloses that the bank's use of gold swaps decreased by an estimated 22 tonnes to around 523 tonnes, which is still close to the record high...

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

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