Federal Reserve Confirms Biggest Foreign Gold Withdrawal In Over Ten Years

Not only are Fed vaults empty, they have to replace it with confiscated gold (see  here and here).  Hence, the Netherlands were able to repatriate 122 tons of gold.

Germany can't repatriate its gold reserves because it no longer exists in Fed vaults.  How will other nations like France repatriate their gold reserves?  The gold from Iraq and Libya's Gaddafi is long gone.

http://www.zerohedge.com/news/2014-11-29/federal-reserve-confirms-biggest-foreign-gold-withdrawal-over-ten-years