Belgium Investigating To Repatriate All Gold Reserves

[Serpo]

Belgium Investigating To Repatriate All Gold Reserves Just after I reported on the repatriation of 122.5 tonnes of gold by The Netherlands (https://www.bullionstar.com/blog/koos-jansen/the-netherlands-has-repatriated-122-5t-gold-from-us/) from the Federal Reserve Bank of New York (FRBNY) and about the Eurosystem allocating as much of its gold reserves as possible (https://www.bullionstar.com/blog/koos-jansen/eurosystem-is-increasing-its-allocated-official-gold-reserves/) – a global run on gold which can only be seen in advance of a reform of the international monetary system, the next Eurosystem member has come forward, Belgium.
https://d1fd072623b5he.cloudfront.net/blog/koos-jansen/wp-content/uploads/2014/12/Belgium-651x458.png (https://d1fd072623b5he.cloudfront.net/blog/koos-jansen/wp-content/uploads/2014/12/Belgium.png)
In Europe so far; Germany has been repatriating gold (https://www.bullionstar.com/blog/koos-jansen/german-gold-repatriation-accelerating/) since 2012 from the US and France, The Netherlands has repatriated 122.5 tonnes a few weeks ago from the US, soon after Marine Le Pen, leader of the Front National party of France, penned an open letter to Christian Noyer, governor of the Bank of France, requesting that the country’s gold holdings be repatriated back to France, and now Belgium is making a move. Who’s next? And why are all these countries seemingly so nervous to get their gold ASAP on own soil?
VTM-nieuws has just reported the Belgium central bank has confirmed it’s investigating to repatriate all its gold reserves.

Our country is investigating to repatriate all gold reserves. The Belgium central bank has confirmed this to VTM-nieuws.
https://www.bullionstar.com/blog/koos-jansen/belgium-investigating-to-repatriate-all-gold-reserves/

[expat4ever]

I'm not sure what capabilities they have but if possible, once they get it back they should have it assayed. Better yet melt it all down and turn it into coins for the masses.

[steyr_m]

I'm not sure what capabilities they have but if possible, once they get it back they should have it assayed. Better yet melt it all down and turn it into coins for the masses.

I believe it should be assayed, but if there were no more pieces of paper out there than there was gold. I wouldn't care. The problem is that people will tend to print more paper than there is Au.

[crimethink]

I'm not sure what capabilities they have but if possible, once they get it back they should have it assayed. Better yet melt it all down and turn it into coins for the masses.

They won't be getting it back.

[Hatha Sunahara]

They won't get it back. The Fed doesn't have it. Belgian banks are in possession of some $ 450 Billion in Treasury bonds. Paul Craig Roberts thinks this is how the Fed is supporting the Euro through currency swaps. Jim Willie thinks thie Treasury bonds belong to the Chinese, and this is how they are conveting their reserves to gold. Belgium isn't the only country that wants their gold back. France wants theirs back, and the Swiss are in a bit of a bind because they were holding Saudi and other gulf states gold, which they 'leased out to the Comex to suppress the gold price, and that gold is gone, so they want whatever the NY Fed is holding for them. The US has no gold, nor do the American TBTF banks--who hold a lot of gold derivatives--but no gold. The Chinese, Russians and Indians have most of the physical gold in he world now.

Hatha