Saturday, November 5, 2016

Financial Instruments, by the International Monetary Fund

In the IMF's report on Financial Instruments, the following footnote on Monetary Gold can be found on page 8:

https://webcache.googleusercontent.com/search?q=cache:ZseMf9FvLjAJ:https://www.imf.org/external/region/tlm/rr/pdf/Jan09.pdf+&cd=1&hl=en&ct=clnk&gl=us

2 Gold bullion has no counterpart liability.

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