Sunday, December 7, 2014

First the Dutch, and now Belgium appears to be next in central bank gold run

A week ago, the Dutch central bank shockingly announced they had repatriated 122 tons of gold from the Federal Reserve, and from other depositories that had held their gold outside of the country. And on Dec. 5, a Belgian media source has now confirmed that Belgium is going to demand a return of their offshore gold reserves, and is quickening the move for the repatriations of gold by central banks in Europe and elsewhere. The only real need for gold repatriation after over 40 years of nation’s using fiat based currencies is a belief that the global financial system is failing, or that very soon there will be a demand for a return to a gold backed monetary system. These beliefs are being seen as potentially plausible especially as Russia, China, and several BRICS nations accumulate gold at record levels. In fact, the recent Swiss gold referendum that failed last weekend was initiated by the population’s desire to have the Swiss Franc backed in part by gold, and where their central bank would repatriate offshore gold and hold it in reserve in their own vaults. Author Willem Middelkoop, who wrote the book, “THE BIG RESET”, just came out and stated in Belgium: “According to media reports Belgium will start to repatriate foreign held gold reserves. – Harvey Organ, Silver Doctors London Gold Pool Repeat? Dutch Central Bank, Germany, France’s new presidential front runner and now Belgium all… Just after I reported on the repatriation of 122.5 tonnes of gold by The Netherlands from the Federal Reserve Bank of New York (FRBNY) and about the Eurosystem allocating as much of its gold reserves as possible – a global run on gold which can only be seen in advance of a reform of the international monetary system, the next Eurosystem member has come forward, Belgium.    

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