Why Is The BIS Doing Gold Swaps


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There’s a corner of the gold market that gets very little coverage, as for years 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.Video Length: 00:14:59More By This Author:Jerome Powell Falls Short Of Paul Volcker
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