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Old 05.01.2013, 19:58
spalebärg spalebärg is offline
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Re: Swiss bank Wegelin fights US summons

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care to give some further explanation of this for us laypeople not so familiar with these matters?
To give an 'explanation' is a difficult task and would largely be guessing on my part. Let's just say I have been following the gold scene (as a layperson) for some years and of recent there have been more and more stories about "allocated gold" being misappropriated. Obviously the people reporting this scandal often don't want to be named. I admit this puts such comments in the "rumours" league.
One person who has spoken openly about the "allocated gold" scandal is Egon von Greyerz but he is the owner of a Swiss gold investment company so one could also say that is merely his way of promoting gold sales.
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