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Gold Repatriation Stunner: Dutch Central Bank Secretly Withdrew 122 Tons Of Gold From The New York Fed
A week ago, we penned "The Real Reason Why Germany Halted Its Gold Repatriation From The NY Fed", in which we got, for the first time ever, an admission by an official source, namely the bank that knows everything that takes place in Germany - Deutsche Bank - what the real reason was for Germany's gold repatriation halt after obtaining a meager 5 tons from the NY Fed:
... the gold community paid great attention to the decision of the German Bundesbank to “bring German gold home”. At the beginning of 2013, the Bundesbank announced it would repatriate 300 tonnes of gold stored in the US by 2020. It is well behind schedule, citing logistical difficulties. Yet diplomatic difficulties are more likely to be the chief cause of the delay, especially seeing as the Bundesbank has proven its capacity to organise large-scale gold transports. In the early 2000s, the Bundesbank incrementally repatriated 930 tonnes of German gold held by the Bank of England.
Some took offense with this, pointing out, accurately, that the gold held at the NY Fed in deposit form for foreign institutions had continued to decline into 2014 despite the alleged German halt. Well, today we know the answer: it wasn't Germany who was secretly withdrawing gold from the NYFed contrary to what it had publicly disclosed.
It was the Netherlands.
This is the stunning statement made by the Dutch Central Bank earlier today, and which, all compliments to China's rate cut, is truly the biggest news of the day, as it shows that one doesn't need a referendum to repatriate their gold, nor does one run into logistic or diplomatic problems if one is truly set on procuring their physical.
As to why the DNB decided it was time to cut its gold held at the NY Fed by 122 tons? ""It is no longer wise to keep half of our gold in one part of the world," a DNB spokesman told Telegraaf. "Maybe it was desirable during the Cold War, but not now."
From the source:
De Nederlandsche Bank (DNB) has adjusted its gold stock location policy and has shipped gold from the United States to the Netherlands to spread its gold stock in a more balanced way.
Under the previous policy, 11% of the gold stock was located in the Netherlands, 51% in the United States, with the remainder held in Canada (20%) and the United Kingdom (18%). Under the new policy, the breakdown by location is as follows: 31% in Amsterdam, 31% in New York, with the relative holdings in Ottawa and London remaining unchanged at 20% and 18%, respectively. Following this adjustment, DNB is in line with other central banks holding a greater part of their gold stock in their own countries. Beyond realising a more balanced distribution of the gold stock across the different locations, this may also have a positive effect on public confidence.
Changing the distribution of the gold holdings across the different locations is not without precedent. From the end of the Second World War until the early 1970s, for example, DNB increased its gold reserves following the Bretton Woods Accord, mainly in New York. Since then, there have been other movements in DNB's gold stock. The main reasons for this being the gold sales in the past few decades and the closure of the vaults of the Reserve Bank of Australia, as a result of which DNB shipped gold from Australia to the United Kingdom in 2000.
Sure enough, AP confirmed:
The Dutch Central Bank says it has recently shipped 122.5 tons of gold worth around 4 billion euros ($5 billion) from safekeeping in New York back to its headquarters in Amsterdam.
In a statement Friday morning the bank said that its 612.5-ton national gold reserve is now divided 31 percent in Amsterdam, 31 percent in New York, 20 percent in Ottawa, Canada and 18 percent in London.
"With this adjustment the Dutch Central Bank joins other banks that are keeping a larger share of their gold supply in their own country," the bank said in a statement. "In addition to a more balanced division of the gold reserves...this may also contribute to a positive confidence effect with the public."
This is how the Old and New gold allocation of the Dutch Central Bank look currently:
Note: the reallocation has already taken place, and is not - like Germany - subject to a 5 year period during which the NY Fed is expected to recoup the gold. So it can be done!?
As to when it was done, here is the NY Fed's monthly reports of gold deposits by foreign entities: here we can see that while the 5 tons outflow in 2013 was most likely Germany, the recent surge in gold repatriation from Liberty 33 was the Netherlands. That said, only 57.5 tons of NY deposits gold has been officially repatriated through September, which means the October update, when it comes out, will be a doozy.
Some more details from the Dutch Telegraaf, google-translated:
In the vaults at the Amsterdam Frederiksplein was until recently 11% percent of the total of 612 tons of government gold. That is screwed up to 31%.
For years there were major concerns of the gold was still there. This months of almost military organized gold shipments from Manhattan DNB wants a 'balanced' distribution of the national gold buffer.
In addition, DNB expects Dutch citizens more confident that enough of our gold is in their own 'home' to guide the country if necessary following major crises.
At that effect also highlights the German Bundesbank, which are gold also partially recovered. De Nederlandsche Bank has great silence in recent months retrieved 130 tons of gold bars.
Last week drove armored trucks back and forth towards the Amsterdam Frederiksplein. "It is no longer wise to keep half of our gold in one part of the world," the DNB spokesman on the massive operation with gold bars to Amsterdam says. "Maybe that was during the Cold War still desirable, not now. ''
In Amsterdam is recently 31% of the gold. In the vaults of New York is 31%. It remains. De Nederlandsche Bank carries no gold bars back from the protected storage in Ottawa, Canada, where 20% of the gold remains. In London, the Netherlands keeps 18% of all Dutch 'sandwiches' gold as nest egg.
Netherlands moved his gold in the past frequently. In the period after the Second World War until the early seventies the Dutch central bank bought gold to replenish its reserves. That was mainly focused on the vaults in New York, which are built to earthquakes and bomb attacks endured. Since then bought and sold DNB gold and earned it every robustly.
Another curiosity: the gold was repatriated by ship. From Dutch News:
In total, 120 tonnes of gold valued at €4bn has been brought back to the Netherlands by ship, Nos television said. The high security reparations for the move took months.
Luckily, that particular vessel did not suffer any "boating incidents."
And now that the Dutch have shown just how "easy" it is to repatriate one's gold when not entangled in shifting alliances, diplomatic feuds, or suffering from "logistical problems" preventing one from collecting their gold, we wonder just how much more eager Germany or Switzerland will be to collect their own gold, or whether the Swiss November 30 referendum will decide to let countries like the Netherlands have a right of first refusal of whatever gold may still be held at the vault located 90 feet below street level at the New York Federal Reserve Bank (which as we reported a year ago, is connected by an underground tunnel to the JPMorgan precious metal which was located just across the street).
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Actually, according to the SNB, no Swiss gold is located in the US. It is in Ottowa, London and Bern. How this Dutch gold news will be presented to the Swiss is clear: Either no coverage -or- moderate coverage with an anti-gold spin. The Swiss are forced pay $500 a year per family to be spoon fed this government propaganda (BILAG) by a virtual government monopoly. Like the idiot British many Swiss actually enjoy being forced to pay for this state monopoly.
Further evidence of Swiss media's twisted reporting on the gold initiative:
http://www.20min.ch/finance/news/story/14963208
Here the most widely read newspaper is not providing any real information, but is just mocking the initiative backers because they sent thier information papers to people in Lichtenstein, who happen to use the Swiss frank, and many of whom are Swiss too.
This piece below discusses how the most "conservative" Swiss newspaper, the NZZ, is nothing but a mouth organ for the SNB which is desperate to make sure the initiative doesn't pass:
http://insideparadeplatz.ch/2014/11/17/snb-und-nzz-die-achse-des-geldes/
The Dutch! Thats some sneaky shit there! Maybe we can hire them to move the same weight in all these damn Mexicans without anybody knowing about it!
I hope the logistic mgr who pulled this off gets a bonus!
I still do not understand why the Dutch Central Bank would not want to keep all of its gold at home. After all there is no gold standard in place whereby balance of payments deficits need to be paid for with gold.
Simply because the Americans have told them not to press thier luck! I guess.
And the Dutch might well have settled for whatever they could get by hook or by crook.
The rest, in America is most likely gone, if not currently then as soon as the Germans get louder. They have just been shafted. And after the spying shit, I am not sure there is much German humour left.
And there has never really been much of that, ever.!
The shit is about to hit the fan!
The real question regarding gold vault contents is rehypothication:
http://gata.org/node/11880
The link is a little old, but relevant.
If you don't hold it, you don't own it. Period.
I have wondered this too. i think that the US was seen as a safe haven after WWII so many countries placed their gold here for safe keeping. Interesting that they are pulling it now when many of us who live in the US and who are paying attention are uneasy about stability ourselves, even though the TeeVee tells us all is well.
They know a yen and US dollar devaluation is getting closer.
WTF. Germany must be FUCKIN LIVID. This is HUGE if true. TS SHOULD HTF in Germany on this.
Those dam terrorists!
So the Germans are really thinking about bringing home the Dutch gold?
germany 1931 er 2014..are you awake yet?
https://www.youtube.com/watch?v=I8P80A8vy9I
So then despite all the speculation to the contrary, does this mean the FED actually does hold all the gold it says it does?
no
Thanks, Ukraine.
LOL
Only if the FED is counting foreign gold as it's own.
or maybe like this...
Only if the FED is triple counting foreign gold as it's own.
I am betting on nerve gas 'cause they're gas bags.
Tricky Gold Member!
Must have been Rothschild's gold to begin.
There are only two things I can't tolerate in this world, people who are intolerant of other people's cultures... and the Dutch!
http://youtu.be/QJ882QYzr-M
Deutchland has stopped repatriating their gold for fear of what Russia might do next. Putin longs for Eastern Germany and Berlin as a trophy. Free Konigsberg! The Dutch are just being paid off for buying the bonds that Russia quit.
This is like when I owe credit card A $9000 and credit card B $2000.....credit card B gets their money and Credit card A is left out in the cold.
The Dutch want to be prepared when Putin drops the hammer and requires solid gold for gas and oil payments.
The Dutch want to be prepared when Putin drops the hammer and requires solid gold for gas and oil payments.
+100
You also need to be hoping that the strangle hold that Brussels has on the "government of the Netherlands" ceases along with a declaration that their ties to NATO will be coming to an end shortly!
Answer?...
More Zionist(s) in the Netherlands than Germany!...
No just payment for bond purchases making up for Russia's deficit of purchases lately.
No just payment for bond purchases making up for Russia's deficit of purchases lately.
Let's see now... Libya... Ukraine... that we know about experienced what is known in Western Zionist banking circles as BRDA - barbaric relic disappearance anomaly event!...
Can't wait to see how the next BRDA event in Russia pans out?!!!
RANDOM QUESTION.... I was thinking about the slicing your own throat , then hiding the knife suicide method of the NY banker AND THEY EXPECT US TO BELIEVE IT!!!! does anyone here think that smoking weed prevents NWO programming, all the people I know who aren't in a media induced trance smoke week , all the govt believers are "good guys" who wouldn't touch that terrible drug.
PLEASE PLAY!!
UP VOTE IF YOU SMOKE WEED
DOWN VOTE IF YOU NEVER TOUCH THE STUFF
It doesn't seem to help your syntax.
I think he's using the same Google Translator referenced above.
"I will not buy dis record, eet ees scratched."
My nipples explode with delight!
https://www.youtube.com/watch?v=G6D1YI-41ao
No Sin tax yet.
At least where it's still illegal. ;D
Relax will you. Of course he didn´t slice his own throat and then hang himself. This is all just good clean wholesome bankster fun. His LinkedIn profile didn´t really give a lot of clues besides regular company claptrap. Did anyone know him like being in the loop on what he really was doing ? If we only knew what these guys really were working on it could provide a better picture. A lot of them gotta have some suspicions. Maybe time for HUMINT. No one that can frequent their bars and hangouts and listen to the scared talk?
Why I´m interested...? Date and time of next collapse in all markets för financial instruments and general direction of melt-down - would be interesting to know.
The German public isn't going to like this. Expect more than a little noise and possible repercussions in the EU.
The German gold is heavier, rendering the transportation logistics issues insurmountable for an indefinite period of time.
I thought all tungten weighed the same?
So they've replaced tungsten with Aluminum for the dutch to help save on shipping costs. Good move.
Listen.
It matters "NOT". Germans are proven Hitler lovers and are therefore not allowed to own Gold.
Listen Zero's.
Your Presidents in Vegas looking for a new gardener skilled in lawncare.
Legalized slavery!
I thought the First Wookie was handling lawn and garden matters.
They need a new special gardner for the kids schooling....
I went to school with the daughter of one of the US Ambassador and she had gardeners do all her science projects.
Royalty has it's perks.... Even Kenyan royalty, or is that Nigerian?
"details from the Dutch Telegraaf :
In the vaults at the Amsterdam Frederiksplein was until recently 11% percent of the total of 612 tons of government gold. That is screwed up to 31%."
Gotta love that Google translator. Imagine the fun if they were providing the services at the UN.
It'd be something like this https://www.youtube.com/watch?v=G6D1YI-41ao .
This will become a trend until it fails...and there is no more gold....I see it speeding up too....the Swiss is the next step....if they vote yes....its another drain hole in the system....time will tell if we are right...that the gold is gone..I think it is....a Banker is a Banker always....they just wanted to make some more money...a small % on someone elses gold...but now its gone...it will be fun to watch them scramble to get it back...it will be another Paulson moment I bet...help us or the world crashes again letter...
My guess, is these countries that are repatriating their gold are doing so out of fear that a war will break out soon.
It´s already on. Financial war.
I think this would move the Swiss vote towards the yes side.
I'd think it would also move the gold price higher, but alas the "market" may suggest otherwise.
"If you don't hold it, .... "
Ask those Corzined at MF Global.
In unrelated news, the NY Fed just put out a request for quote on 122.5 tons of tungsten to replace what it calls "a depletion caused by long scheduled asset reallocation plan."
DE doesn't realize that ir is still considered the enemy ala ww2.
rave on mutti merkel.
dumber than dirt. lol
DNB expects Dutch citizens more confident that enough of our gold is in their own 'home' to guide the country if necessary following major crises.
Too bad they weren't specific on which kind of event could make the dutch people more confident if their gold is 'at home' rather than well guarded by netherland's long-time ally and warden of the free world.Warden of the free world my ass.
Bully of earth more like it.
agree, and it seems that Holland agrees too...
which kind of event could make the dutch people more confident if their gold is 'at home' rather than well guarded by netherland's long-time ally and warden of the free world
Well, here's an event: If the Dutch leave their gold in the US and barry succeeds in his efforts to start a war with Russia, the gold in NY would be too radioactive to ever bring home.
Goud, teven!
(Gold, bitchez!)
I thought it took 7 years to move gold since its so heavy !!
Just say yes to ECB QE mr. Schauble. And your gold will be shipped. Partly. But hurry, we are running out.
+1
All these moves and gold does not budge!
But it looks like they forgot to hold down silver too...oops!
day 2 commodities manipulation
http://www.hsgac.senate.gov/subcommittees/investigations/hearings/wall-s...
Being a bit cynical, show me the money! Easy to put these paper press releases out into the market. What is the real reason for this news item. Hum! To me it is all just more bullshit. Impossible to get a straight answer from anyone. Musical chairs with Gold. Keep the ponzi scheme going. Keep the masses guessing.
this article just re-enforces my thinking on the eu.
netherlands getting their gold back, thats not surprising, them getting it back preparing for the colapse of the eu., and bring back their currency, (backed by gold), at as fast as possible is telling.
germans have to be worried, when the eu. blows up, their the last people holding the bag full of trilions of worthless euro's, and most of them will be iou's.
when this happens the smaller southern european nations are going to have to fight to regain their sovereignty in court, or on the streets against goldman sachs, ecb, and nato.
War is coming to Europe...
yep, sure seems like it
not sure how gold will protect them
sort of looks like a bank run in the makings
big changes coming
most likely war
makes me wonder if Russia is considering a N Korea move
Threaten to do something bad and then get paid not to do it
Perhaps a compromise of territory again
by by eastern europe
Wakes up.
What?
Again?
Rolls over.
Back to sleep.
The gold is of course gold which is just mined since there are no original bars left in Fort Knox and other places where guards guard empty vaults. This is why it's all done secretely.
Fortunately for us, we forgot to sign the rehypothecation agreement. yada yada yada, 50 years later it works out for us.
So the Dutch silence about what really happened to MH17 was worth 122 tons of gold?
Spot On
Why did the Dutch decide to repatriate their gold now?
http://rt.com/news/207243-netherlands-mh17-investigation-documents/
No doubt because they now know which country downed MH!7 and which country ordered its downing.
And if one of those countries was holding Dutch assets that the Dutch wanted returned, well -- carpe diem.
'Strike when your leverage is hot.'
It suddenly makes me wonder more seriously about Clif High's prediction that germany will turn up in NY harbor and demand their gold, on the spot.
This explains why the banker's house boy Obama is trying to start up what he hopes will only be a cold war with Russia.
Dutch aren't dummies, especially when it comes to money. The rumour is that copper wire was invented by 2 Dutchmen fighting over a penny.
They know if you can't see your Gold there's a good chance you don't own it. But they still have multiple tonnes to get back so they better get a touch more clever.
Forget about this cold war shit of 'if the Russians invade our Gold will be safe in NY or Ottawa etc'.
Nobody is going to 'invade' western Europe probably ever again. If a proper full scale war ever breaks out Amsterdam, London, Paris, Frankfurt etc will be vaporised. So who cares about the Gold, you and it will have gone.
The big takeaway from this is that the gold was actually there, right in NY where it was supposed to be, and there seem to have been no problems in getting it back. This suggests that the only reason for the slow repatriation pace of the German gold is that the Bundesbank wants it that way. (And the official German reasons, "logistical problems", have been proved every bit as false as the constant ZH speculation that the gold wasn't there any more.)
Maybe the slow German pace is simply because the Germans didn't want to rock the boat and potentially cause a crisis in the gold market? They don't want to be seen as the bad guys yet again - whereas the Dutch have no similar qualms. Or maybe the Germans are simply held on a tighter leash by their US masters than the Dutch are.
Either way, I think this sudden display of distrust in the US Treasury is a very big deal, much bigger than the limited reactions so far would indicate. It will be very interesting to see the fallout in the next couple of weeks. If nothing else, we can reliably expect the German public to go ape and demand that their gold now be brought home as quickly as the Dutch gold. After all, the German repatriation was mainly started in the first place because of pressure from the public, whereas the Dutch one seems to be mainly on the DNB's own initiative. (What does the DNB know that we don't, one wonders?)
"The big takeaway from this is that the gold was actually there, right in NY where it was supposed to be..."
What part of Ukraine's gold was shipped out under cover of darkness soon after the U.S.-backed coup did you fail to understand?
Ukraine only had 36 tonnes. That's barely enough to cover what the Germans have repatriated this year. You need to find some other conspiracy theory to account for the Dutch gold.
"Either way, I think this sudden display of distrust in the US Treasury is a very big deal, much bigger than the limited reactions so far would indicate. "
It's what happens when all that's left from confidence is the con. Is this your first time in town, sailor?
what I find interesting this morning is gold is up $10.80 US but only $3.12 CA
Anyone with a good explanation?
Kitco is staffed by morons.
http://www.kitco.com/news/2014-11-21/KitcoNewsMarketNuggets-November-21....
The kitco idiots think that Ukraine sold their gold.
If he who panics first panics best, except for Germany, Then maybe New Dutch Empire when? This time with less tulips.
Dear Holland: Pictures or GTFO
I'll believe it when I see it. The Dutch are in on the whole scam anyway.
Awwwwww, not lookin too good for these thieves. Saw this nugget on AlJazeera. BTW there's an unveiling of the USS Cole @ 10p CST.
Whatever happened to all those terists in Mali that the French Foreign Legion opened up a can of whoop ass on?
hahahahahahah
How is it the Dutch get their gold back but the Germans get stiffed?
Removal of the US banking licenses, it worked for removing Swiss secrecy through Credit Suisse/UBS and perhaps now Deutche Bank used as leverage against the German government to back off?
What a smart move by the Dutch.
"It is no longer wise to keep half of our gold in one part of the world,"
The Dutch are very intelligent
Dutch minister of finance Dijsselbloem just recently said that they have and had since the euro crisis, contingency plans ready to return to the Dutch Guilder something the goverment always fiercly denied up to a couple of days ago.
Also The Netherlands is paying the full 1.1 billion after-tax to the EU before the end of the year even though they are granted the possibility for delayed payment.
Something is up.
Or it's just a big communication trick... "See, the gold is there..."
A hidebound tradition of keeping this barbarous relic normally sewn into the clothes of old Jews creates this in the publics mind: "this may also contribute to a positive confidence effect with the public."
Is their something I am not being told about gold??
Just one more "link" in the chain
Why do other countries store in U.S. vaults, besides recieving interest payments? Please provide a solid reason. I am curious.
Sounds like a recipe to be conned.
The Dutch are famously careful with the pennies. Is that why they used sea to ship the Gold back home? A single KLM 744 freighter could have carried that weight from JFK to AMS...
naa, we reclaimed our country from the sea, no fear of that. Besides, what's the rush, our checks aren't bouncing yet.
Simple, really. Lack of trust. Holy gee, wonder why?
damn stupid dutch gold bugs.
Lol
To: Ms Jens Weidman, Mr Angela Merkel, et al
From: Mr Janet Yellen, Ms William Dudley
It has come to our attention that a small, truly insignificant, part of the gold stored for Germany by the Untied States has been mistakenly shipped to the Dutch. When asked about the problem, the shipping company employee, a Mr H Clinton, responded: Dutch, Deustche, what difference does it make?
For all future orders, and for all coorespondence, please see to it that you start referring to yourselves as "Germans," and please see to it that the Dutch call themselves 'Netherlanders" so that this mistake can be avoided.
On a separate note, we have made progress with your order. The first part of your tungsten should arrive in 12 to 14 month, with the rest arriving by December 31, 3015. Please accept our apologies for this delay.
Sincerely,
Mr Janet Yellen
Ms William Dudley
It's like musical chairs
Someone's going to get left out at the end
Yes, because it's Ponzi musical chairs. Even more exciting!
I guess Princess Beatrix (ex Queen Beatrix and leading Bilderburg member) might pull more powerful strings than Germany.
Wherever it is, this won't stop them "leasing", "swapping", "selling", "hypothecating" or otherwise encumbering it...
Serial numbers not the same? oh well, at least they got rid of the copper burnish.
I think the Dutch have found Ukraine's gold.
Tungsteen shipped from A to B.
The first central bank as we know them.. Dutch.. Dnb actually... Even helpt found BoE.... Family thing you see.. And yes the Royals still control the board of directors. The bank got nationalised long ago, but it's still private of course. Google statuten Dnb nv. Private(nv) just like the fed. But the King can actually fire the board he used to be on..
It's current director already said the euro almost died in 2012... So its not hard to believe they know what's up. Recent leakage shows the Dutch have a Exit plan ready. This kinda proofs it's not only ready..
Translation: "When the music stops, we want physical gold in our hands and not a piece of worthless paper from a bankrupt and corrupt US Government that will lie, cheat, and steal our physical gold. Fuck you Emperor Goebbels!"
www.traderzoo.mobi
That's one translation. The other one I sometimes see in small businesses over the cash register "In God We Trust, all others pay cash". (In this case, it's now gold).
It was a really well kept secret. But they'd better check if it is not Tungsten with a gold layer. Anyway Ukraine, we found your gold.
Merkel didn't get tricked. She's just a banker whore like Yellen, Lagarde and Hillary.
People need to stop with the helpless women stereotype. These bitches didn't get tricked by nothing - they are in on the scam.
I can believe that. Politicians have not demonstrated they act in the best interest of the people. Not in any country that I'm aware of. Merkel just has to say that. "Hi people of the Fatherland, I'm not acting in your best interest, just doing what I'm told. Yes, yes, I know all about the truth, but sorry. I'm still doing it anyway." See how easy that was?
Probably has to do with Basel III compliance.
But there are two things in this world I HATE and that is people who don't respect other cultures, AND THE DUTCH!
Ukrainian gold goes to Holland...what else is new?
not sure who took/got/when exactly, but gold on/off MH370 and dead bodies on MH17. all ties to "dealing" w/Vlad.
And the perfectly timed illiquid time of day trade. 60% of the time it works all the time. Blow out the longs, blow out the shorts. Go home early. Take next week off.
"Manhattan DNB wants a 'balanced' distribution of the national gold buffer."
I can see that but not at the prices it is currently trading at. If gold is a buffer it needs to trade much higher in false paper promises than it is right now.
Why does the price matter.
Give me my physical share.
Far as I'm concerned none of these western governments hold fuck all unless I've seen the independent audit. Easy to say they repatriated over a hundred tonnes to throw their own people off the scent. The west pretends to have gold when in reality it doesn't have enough to make a wedding ring.
I'm not sure I can believe all the secret shipping, especially with Ukraine gold reserves missing and the MH17 downing.
Maybe that's how the Fed will cover Germany's gold.
74 W
The Cold War was a reason for all Europeans to keep wealth in the USA system, including much central bank gold. Fear of war and the USSR was real. America benefited greatly from war fear in Europe, in very many ways, it made America a wealth dump by all of European wealth holders. BUT, now that cold war is over 20 years dead, and nations are waking up and wanting their wealth back, as the USA increasingly goes off the rails in every sense!
NOW, does that tell you why the USA is so aggressive in Eastern Europe, why ballistic missiles rain down on a city of nearly a million people on ordes from Obama, why a stream of insane threats and lies pour out of Washington, all intent on forcing a conflict in Ukraine to escalate. Sure we know! The USA is seeking to return the Cold War to Europe and get back the position of favor and power that the war threats in Europe gave it.
We know what you are up to! AND, if the ultimate War Monger gets into office. Hillary Clinton, you can count on war, war and more war. She has been deluded by her Israeli handlers into adopting a war stance second to none. Now that she is all but an open Israeli, and Bank and Wall-Street whore, she plans to take confrontation with Russia right to the nuclear brink. Someone who controls her is seeking all out European war. Look to Israel if you want to know. The Ukainian Oligarchs flew in from Israel right after the coup and took over control of much of Ukraine. An Israeli Jew was given all of Donbass to rule, until the people took up arms and fought his troops sent in to secure the place for him. I warn you all now, the Clinton Bitch is taking us all on a ride to hell. She is an Israeli agent, acting on their behalf, not an American acting in our interests. Look into her public and private life, her public and private statements on the record. The woman is totally absorbed into the Zionist dream of world power, using the US military as the tool to expand the Zionests to take one nation after the other into their power.
I am calling bullshit.
They repatriated paper.
The physical held by every CB is so many times rehypothecated that lottery is as good as a way as any to determine who owns it.
they play this game with the SPR, USG loans government reserves to private enterprise, private enterprise counts it as their own, thereby boosting inventory, and skewing the reports. oil traders do not follow inventory reports, you have to watch the crack spreads to know what is really going on. for gold you probably have to watch the storage rates, in theory anyway if a commodity is being double counted (rehypothecated) the overall storage rates should go down.
Not likely. This is from back in October.
http://goldswitzerland.com/breaking-european-central-banks-repatriate-go...
Central Banks say a lot of things.
After you have assayed physical in your hands, it is possible to believe some of them.
BREAKING - it was GLD gold!
This should come as a surpirise to exactly nobody.
With all of these countries loading up on gold (high demand) I can see why the price keeps falling...
</s>
In case this wasn't already posted. Time to connect the dots. The stench is getting pretty thick
"The Dutch government has refused to reveal details of a secret pact between members of the Joint Investigation Team examining the downed Flight MH17. The JIT (Joint Investigation Team) consists of four countries - the Netherlands, Belgium, Australia and Ukraine - who are carrying out an investigation into the MH17 disaster."
http://www.blacklistednews.com/Dutch_government_refuses_to_reveal_%E2%80...
There goes the Ukrainian gold...
It's all about the gold.
I don't think any of these countries really trust the US and UK will not seize and halt the movement of gold under some bullshit pretext IF and WHEN the shit truly hits the fan.
In a crisis they would have to prevent a run on gold otherwise it would expose the lie that most of their gold has been leased out (sold) and is no longer retrievable.
So some smarter countries quietly asking for their gold to be returned is no surprise.
Rumpelstillskin must have been working overtime in the NY Fed's vault.
This makes no sense to me. How could the Fed deliver all that gold to the Netherlands, yet not deliver Germany's gold? Boehringer from Germany recently stated that the Germans still want their gold back, that the news report that they were satisfied that it was safe in US hands was totally false. Something smells here: Here is the article, At the end, with Boehringer's statements:
http://www.gramsgold.com/news/the-german-gold-saga-continues