Friday, November 21, 2014

Netherlands Gold Bombshell ( November 21 , 2014 ) - Netherlands very quietly repatriates 122.5 tons of gold from the New York in a month ! Not just pulling their gold back before the Swiss Gold Initiative Vote on November 30 , 2014 , but how can they do what Germany can't do regarding their gold ?

Posted on 21 Nov 2014 by 

The Netherlands Has Repatriated 122.5t Gold From US

The Dutch central bank, De Nederlandsche Bank (DNB), has repatriated in utmost secret 122.5 tonnes of gold from the Federal Reserve Bank of New York (FRBNY) to its vaults in Amsterdam, The Netherlands, according to apress release from DNB published today (November 21).
DNB states it has changed allocation policy from 11 % in Amsterdam, 51 % at the FRBNY, 20 % in Canada and 18 % at the Bank Of England (BOE); to 31 % in Amsterdam, 31 % at the FRBNY, 20 % in Canada and 18 % at the BOE. According to the World Gold Council’s latest data DNB has 612.5 tonnes in official gold reserves.
The Netherlands Official Gold Reserves Allocation
Source: the WGC, DNB

DNB Adjusts Gold Reserves Allocation Policy

Press release, date November 21, 2014.
De Nederlandsche Bank has adjusted its allocation policy for its gold reserves. To achieve a more balanceddistribution of gold over the various locationsDNB has shipped gold from the US to the Netherlands.
In the old situation 11% of the gold reserves were located in the Netherlands51% in the USwith the remainder in Canada (20%) and the UK (18%)The location distribution according to the revised policy is as follows: 31% in Amsterdam, 31in New York, while the percentages for Ottawa and London with 20 and 18  % remain unchanged.
This adjustment of DNB joins other central banks that store a larger share of their gold reserves in their own country. Next to a more balanced distribution of the gold reserves over the different locations, this can also contribute to more trust towards the public.
The distribution of gold stocks over various locations is often subjected to change. For example, in the period after the Second World War until the early seventies DNB added a lot to its gold reserves - underBretton Woods - especially in New York. Since then, more mutations occurredThe main reasons for this have been the gold sales over the past decades and the closure of the vaults of the Reserve Bank of Australia, which made DNB ship gold from Australia to the UK in 2000. 



I wonder if Germany will still wait 6 years (!) for their 295 tonnes from the FRBNY…

Yes we want the rest also repatriated please. : 78% van telegraaflezers goudgekkies'?

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