Chapter Vii. Gold Exports and Imports 106

The primary movement of gold from the mines to the markets, and its subsequent distribution along the lines of favorable exchange rates. Description (with presentation of actual figures) of: The export of gold bars from New York to London--Import of gold bars from London--Export of gold bars to Paris under the "triangular operation." Shipments to Argentina.

London as a "free" gold market and the ability of the Central Banks in Europe to control the movement of gold.