Sunday, March 29, 2015

Gold is Leaving the Fed: Dutch Repatriate 122.5 Tons of Gold From the U.S. Federal Reserve

Dutch Repatriate 122.5 Tons of Gold From the U.S. Federal Reserve
The Dutch move highlights the importance of gold as a reserve asset, and follows similar repatriation/audit requests from countries holding gold outside their borders includingGermany, Austria, Switzerland (pursuant to a populist referendum Save Our Swiss Gold) and Venezuela (repatriation completed).
At least five other countries have also made gold repatriation requests, including Finland, Romania, Poland, Venezuela, Ecuador and Azerbijan.
Gold is Leaving the Fed
image: http://smaulgld.com/wp-content/uploads/2014/11/US-FED-foreign-gold-holding.png
Chart showing federal reserve foreign gold holdings https://smaulgld.com/dutch-repatriate-122-tons-gold-u-s-federal-reserve/

No comments:

Post a Comment