by Turd Ferguson
TF Metals Report
Late last year (September 2015) I posted and linked to Ronan Manly’s Blog about The LBMA, Thomson/Reuters GFMS, and The 2000 Tonnes of Gold that Just Appeared in 2013.
(Link: http://www.tfmetalsreport.com/blog/7128/lbma-thompsonreuters-and-2000-tonnes-gold-just-appeared-2013 September 8, 2015 )
Now if you, Dear Reader, or I myself ,were to suddenly gain (or lose!) several thousand tonnes of monetary metal – raw material for a Country’s National Asset Holdings and it’s Central Bank Currency Reserves- we would probably notice this fact pretty fast. And upon completing our tax returns, annual accounts, or just doing monthly management accounts, we would be highly likely to have the quantity and value highlighted clearly and without any doubt, vagueness, or lack of clarity in any way.