Are Central Banks Overstating their Gold Holdings?
Romania has demanded for many years that Russia return its gold.
Last year, Venezuela demanded the return of 90 tons of gold from the Bank of England.
As everyone knows, the German high court ruled that Germany must audit its gold reserves held in foreign countries such as the U.S., England and France. And German inspectors will actually travel to the New York Federal Reserve Bank’s gold depository and the Bank of England to inspect their gold.
Germany will also repatriate 150 tons of gold in order to test it for purity.
Germany’s not the only country. As Zero Hedge notes (quoting Bloomberg):
Ecuador’s government wants the nation’s banks to repatriate about one third of their foreign holdings to support national growth, the head of the country’s tax agency said.
Carlos Carrasco, director of the tax agency known as the SRI, said today that Ecuador’s lenders could repatriate about $1.7 billion and still fulfill obligations to international clients. Carrasco spoke at a congressional hearing in Quito on a government proposal to raise taxes on banks to finance cash subsidies to the South American nation’s poor.
Some people in the Netherlands want their gold back as well.
It’s not only Germany (who’s gold is missing), it’s the United Sates, it’s all of the countries. Nobody knows what’s in Fort Knox. They won’t let anybody in. Where’s the gold in the United States? How come we can’t go in and look in Fort Knox?
Thousands of migrants dumped on Britain as French wriggle out of border promise 2015-03-30 19:56
Thousands of migrants could be dumped on Britainâ€™s doorstep if France tears up a historic border agreement, it was claimed last night.
Officials have vowed to do â€śeverything in their powerâ€ť to wriggle out of a treaty moving the UK border to Calais.
The besieged townâ€™s mayor Natacha Bouchart is prepared to spark a major diplomatic row by opening the frontier ...
Richard III laid to rest at Leicester Cathedral 2015-03-30 18:36
King Richard III was today laid to rest at Leicester Cathedral - more than 500 years after his death in battle.
The monarch, who reigned from 1483 to 1485, was the last of the Plantagenet dynasty.
Actor Benedict Cumberbatch read a poem by Carol Ann Duffy during the service. Also in attendance was Robert Lindsay, who played Richard III in a version ...
Sweden - A new paradise for Romani beggars 2015-03-30 17:33
Thanks to the European Union and freedom of movement that follows with membership Sweden has been flooded with gypsies from Eastern Europe.
Most member states have cracked down hard on the phenomenon of organized begging with legislation and forceful evictions so the Romani (colloquially known as Gypsies) who are engaged in this venture have moved their business to the country where ...
Increased tax subsidies for politically correct media 2015-03-29 22:08
On Dec 9 last year I translated a random snapshot of the biggest newspaper in Sweden. The headlines alone spoke for themselves. It was, simply put, an orgy of political correctness, obvious attempts at emotional manipulation and general national self-loathing. In other words, a typical Swedish newspaper on any given day.
As more and more readers are waking up to the ...
When obeying the law and supporting yourself is racist 2015-03-29 22:56
There is a huge scandal in the municipality of Ă„lmhult in Sweden. It has been revealed that there is a letter that may have been sent from the municipality offices to newly arrived immigrants informing them that the law applies to them and that theyâ€™re expected to eventually go off the dole and start pulling their own weight in society.