http://www.arcticgoldfinger.com/2007/10/09/the-central-bank-gold-conspiracy-part-3-empty-vaults-empty-promises/ Biased Opinions on Gold from the North's Leading Expert (self-styled) Tue, 06 Jan 2009 01:13:59 +0000 http://wordpress.org/?v=2.2.2 http://www.arcticgoldfinger.com/2007/10/09/the-central-bank-gold-conspiracy-part-3-empty-vaults-empty-promises/#comment-90 The Central Bank Gold Conspiracy: Part 3 - Empty Vaults? Empty Promises? Thu, 06 Mar 2008 14:41:56 +0000 http://www.arcticgoldfinger.com/2007/10/09/the-central-bank-gold-conspiracy-part-3-empty-vaults-empty-promises/#comment-90 [...] herb wrote an interesting post today onHere’s a quick excerptLet’s assume for the sake of argument that Howe and Landis are on to something and that this clandestine gold leasing is a fact. What does it mean for the price of gold? You can find as many answers as you can gold aficionados. They range from the merely bullish to the very bullish to the unbelievably bullish. Let’s start at the extreme and look at the unbelievably bullish case. These folks believe that Howe and Landis have uncovered only the tip of the iceberg. The superbulls believe that there is no gold in Fort Knox and that the Central Banks only have a fraction of the gold they claim to have. They also believe that the Central Banks will, at some point, demand their gold back from the investment banks who will, in turn, have to buy it on the open market. This […] [...] […] herb wrote an interesting post today onHere’s a quick excerptLet’s assume for the sake of argument that Howe and Landis are on to something and that this clandestine gold leasing is a fact. What does it mean for the price of gold? You can find as many answers as you can gold aficionados. They range from the merely bullish to the very bullish to the unbelievably bullish. Let’s start at the extreme and look at the unbelievably bullish case. These folks believe that Howe and Landis have uncovered only the tip of the iceberg. The superbulls believe that there is no gold in Fort Knox and that the Central Banks only have a fraction of the gold they claim to have. They also believe that the Central Banks will, at some point, demand their gold back from the investment banks who will, in turn, have to buy it on the open market. This […] […]

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