by Chris Powell
Dear Friend of GATA and Gold:
A week ago your secretary/treasurer wrote to the press offices of the Bank of England and the United Kingdom Treasury Department, asking two questions:
— Have the Bank of England and the Treasury’s Exchange Equalisation Account (or any agency answering to the bank or the Treasury) leased gold in the last 12 months?
— Has any leased gold been returned to the bank, the Treasury, or any agency answering to them in the last 12 months?