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NEWSFLASH: The Netherlands Wasn’t The First Time The IMF Dropped The Ball On The National Gold Holdings
There was some interesting news earlier this week when the major news outlets announced the Dutch Central Bank has increased its gold reserves by almost 10 tonnes. This announcement surprised the entire world but shortly thereafter the Central Bank released an update stating that its total amount of gold in its vaults remained unchanged and that the IMF numbers were wrong.
We weren’t surprised at all by this fact as we actually discovered several more mistakes in the IMF-filings last year. Back in October, the IMF filings were showing the gold holding of Spain to have decreased to zero (yes, zero!) which would have been an important event. We got in touch with the Central Bank of Spain in Madrid to hear what its renewed strategic plan was, but a spokesperson of the Central Bank was completely astonished to hear its gold reserve would be zero, firmly declaring there has been no change in Spain’s gold reserve whatsoever (see the next image for the email trail).
This was obviously a surprising fact to see a central bank disputing the correctness of official IMF-filings so we reached out to the IMF itself. At first, the supranational organization continued to say its numbers were correct, but finally had to cave after we sent the official reply from the Central Bank of Spain, disputing the numbers. The spreadsheet with Spain’s gold position was corrected soon, and after we asked whether or not this happens frequently, the IMF spokesperson assured us this was a one-time event and that ‘no other countries were impacted’ (see next image).
Fast forward to a few weeks later.
We were checking up on Portugal’s gold position and were astonished to see that – once again according to the IMF filings – its gold position had decreased again. Keeping the Spain-situation in mind, we reached out to the Central Bank of Portugal where they were also surprised to hear about our findings. Another email had to be sent to the IMF pointing out yet another (huge) error in their official filings, just weeks after the supranational organization reassured us that mistakes of this magnitude wouldn’t be repeated.
Long story short, we aren’t surprised at all to see another error in the IMF-filings but as this is the third huge mistake in just a few months time (and there probably are several more erroneous numbers out there, waiting to be discovered), the International Monetary Fund definitely has some credibility issues. Which raises a lot more questions about the accounting numbers in the national and global banking system. But there is always one simple answer to this: the only thing that really can be trusted is the physical gold in your hands!
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Gold for Valentines Presents Guys.. if the lady you give it to Doesn't appreciate it you need a New lady :)
^^^Ok, TBH, U plus the DEATH STAR ;)
Why does the IMF want everyone thinking these states have sold all their gold? It cannot be a mistake that their reports say this or that country has no actual money if that country actually has actual money, i.e., gold.
When did the IMF ever have credibilty?
gold and knowledge of its quantity is one big clusterfuck. been schemed so many time swho knows what supply is out there. it is all intentional. it is why i'd rather buy a SHINNY stock 69 Camaro Z and stack that on some blocks.
fuck gold. on a nice sunney day i can take the 302 out for a ride and every day i know its value and how many exist(not enuf).
I take my gold out on the boat for a little fresh air.
She blowing parking meters
Legarde lost his dentures again?
Thanks for sharing highly valuable and informative post about neitherlands imf dropped ball national gold holdings. Good post for all readers. Dissertation Editors
Gold going down again. Get ready for the dive to 800$
Chat_Noir, good to hear. Make it happen please. I need a little more.
Proof or shut the fuck up with stupid predictions.
if it goes to 1000 or less we got very big problems and gold will be the least of your worries..
Do you think that tanned lizard is a dom or a sub in the bedroom?
(good luck washing that image from your mind)
dom
I look at that picture and I wonder if David Icke might be on to something with that Reptoid business after all.
There seems to be a 'not quite human' quality about her.
Then again, she is French...
Hard to say.
These people are paid to sow CHAOS.
Who is the ugly dude in the picture?
It's MDB's lover!
ARF!
Charlie Christ, former Florida governor, former Republican rino, loser to M. Rubio for U.S. senate, current Democrat, bitch to John Morgan, and resent loser as Dem candidate for Florida governor.
When you have to lie .....well you have to lie.whats new guys?
Well, it's pretty obvious what is going on here. The IMF accidently tipped their hand, because in their minds, while, the "wipe your ass with the worthless fiat money" is good enough for the stupid sheeple, all your gold belongs to them. They were just moving the gold over to their balance sheet, prematurely. Lock and load, folks, lock and load.
uggg - shemale
Peewee Herman in a grey wig?
The underlying question should be: why is the purchase of a mere 300 million dollars of gold news?
This is an absolutely trivial sum in terms of trillions in QE.
The answer is that gold remains important and the implication is that gold is valued MUCH higher in it physical form that it's paper derivatives.
buy physical gold!
Obvious question, what else is the IMF telling which is inaccurate?
Those are not "mistakes". Perception is everything...
So, the IMF is being run like a brothel. Good to know, quite reassuring.
If you're in the club, correct numbers are more important in other areas:
Occult Message in Speech by Christine Lagarde of IMFhttps://www.youtube.com/watch?v=QYmViPTndxw
In 1902 when gold was $20/oz, that is what it cost to rent a two bedroom apartment for a month.
One day the door to truth will open and the future will walk in. When it does the ounce of gold will be worth $25,000 but it will cost that much to rent an apartment for a month:-(
Gold is a store of value and an insurance policy against fiat destruction.
Gold is not priced in Dollars. Dollars are priced in Gold. Same as all fiat.
Exactly.