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Ronan Manly

Ronan Manly

Ronan Manly is a precious metals analyst with BullionStar whose blogs
often cover current themes including what's going on in the
London gold market and the gold activities of central banks.

The IMF’s Gold Depositories – Part 1, The Legal Background

The IMF’s Gold Depositories – Part 1, The Legal Background

  • Date
  • author Ronan Manly
  • Comments 3 Comments

The International Monetary Fund (IMF) is the world’s third largest official sector holder of gold behind the United States and Germany. According to the Fund’s web site, as at October 2014 “the IMF holds around 90.5 million ounces (2,814.1 metric tons) of gold at designated depositories." The IMF’s gold holdings were accumulated between 1946 and … Continue Reading arrow

The Keys to the Gold Vaults at the New York Fed – Part 2

The Keys to the Gold Vaults at the New York Fed – Part 2

  • Date
  • author Ronan Manly
  • Comments 11 Comments

The FRBNY’s Auxiliary Vault As mentioned in Part 1 of Keys to the Gold Vaults at the New York Fed, there are two gold vaults at the New York Fed, the main vault and the auxiliary vault. Very little is written anywhere about the FRBNY’s auxiliary vault, or the ‘aux vault’ as it has sometimes been … Continue Reading arrow

The Keys to the Gold Vaults at the New York Fed – Part 1

The Keys to the Gold Vaults at the New York Fed – Part 1

  • Date
  • author Ronan Manly
  • Comments 10 Comments

Over time, the Federal Reserve Bank of New York (FRBNY) has become increasingly less transparent in sharing information about its Manhattan gold vaults. I use gold vaults in the plural because there are two gold vaults at the New York Fed’s headquarters, namely, the main vault and the auxiliary vault. During the 1970s, New York … Continue Reading arrow

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