“Fifty-eight of the world’s largest central banks are members of the Bank for International Settlements (BIS), a group that meets every two months behind closed doors in Basel, Switzerland. At their bi-monthly dinner meetings, the central bankers supposedly discuss monetary policy, the global markets and international money flows. But we don’t really know, because the meetings are private — no transcripts, no minutes and no journalists allowed. Even staff members are barred from the room. What is certain is that any major policy decisions made by any of the world’s large central banks are cleared through the BIS first. Its latest warning is a doozy.”
http://www.moneyandmarkets.com/this-one-group-of-bankers-can-help-you-predict-the-markets-52020