​Argentina Sends More Gold To London – Tyler Durden

Argentina Sends More Gold To London Authored by Jan Nieuwenhuijs via MoneyMetals.com In July, the Central Bank of Argentina (BCRA) shipped another 3 tonnes of gold to the U.K. to swap for foreign exchange. A month prior, BCRA also transported 3 tonnes to the U.K. BCRA is now estimated to have 37 tonnes (60% of Argentina’s gold reserves) on swap in the London Bullion Market. Argentina Is Leveraging Its Physical Gold Argentine newspaper Clarín reported in 2017 that BCRA moved 11 tonnes of its monetary gold to London, according to their research, to be swapped out for Japanese yen. “We are already doing…  — Continue at ZeroHedge News : Read More