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Swiss Bank Refuses to Release Gold
07 Dec 2010
A client of a major Swiss bank was recently refused access to his physical gold and had to hire attorneys and threaten to expose the bank publicly before finally getting it back in his own hands, according to Jim Rickards of Omnis.
“My inference is that that gold was not there,” Rickards told King World News. “The bank had to scramble, go out and find it somewhere before they could make good delivery.
”Rickards expects the world will eventually go to a gold standard-backed currency…”
See:
http://www.moneynews.com/StreetTalk/Swiss-Bank-Refuses-Release/2010/12/07/id/379238
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