Saturday, October 27, 2012

Netherlands’ Citizens Group Demands Central Bank Reveal Location of Country’s Gold Reserves

First it was Venezuela's Hugo Chavez who demanded repatriation of their national gold reserves from the Fed's vaults in New York. Germany's Federal Accountability Office last week demanded an audit and partial repatriation of that nation's gold reserves back to Frankfurt.  Now the Netherlands are demanding an audit and repatriation, also.  Venezuela is a banana republic (but possesses lots of oil).  Germany and the Netherlands are no banana republics, and have a lot of gold on their books.  Their demands for repatriation of their gold will start a run on other countries demanding theirs.  This is about to get REALLY interesting.

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