(Lucas : another story about alleged “gold” movements without really seeing any real evidence of the gold, show it I say and let it be audited and researched by us humans with no ties to banks, corporations, politics, governments, EU, FED, and some other agendas not in the interest of humans. Another question is of course where did the gold come from if there is any?)
he financial crisis in Europe is prompting some nations to repatriate their gold reserves to national vaults. The Netherlands has moved $5 billion worth of gold from New York, and some are calling for similar action from France, Switzerland, and Germany.
An unmatched pace of money printing by major central banks has boosted concerns in European countries over the safety of their gold reserves abroad.
The Dutch central bank – De Nederlandsche Bank – was one of the latest to make the move. The bank announced last Friday that it moved a fifth of its total 612.5-metric-ton gold reserve from New York to Amsterdam earlier in November.
It was done in an effort to redistribute the gold stock in “a more balanced way,” and to boost public confidence, the bank explained.