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More & more Countries Repatriating their Gold and Ditching The Dollar


ronscarpa
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More & more Countries Repatriating their Gold and Ditching The Dollar

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More & more Countries repatriating their Gold and ditching The Dollar Hungary’s Gold Repatriation Adds To Growing Protest Against US Dollar Hegemony. Hungarian National Bankis set to repatriate 100,000 ounces gold from England. This is not an unusual move. In recent years we have seen the likes of Germany, Austria, Belgium, Venezuela, and the Netherlands each repatriate their gold from various locations. The pace does appear to have been picking up since Venezuela decided to repatriate its 180 tonnes of gold in 2011. Over the past few months, 100 tons, or some 8,000 gold bars, were secretly transported from the Bank of England’s vaults in London to Poland. Also Inspired by Polish example, Slovakia considers repatriating gold from the UK. Serbia, later on, joined Slovakia in this Sudden Eastern European Gold Repatriation trend. Countries across the globe are trying to shake off their dependence on the dollar by buying up the yellow metal. One example is Slovakia; it's now thinking about restoring its gold reserves from UK banks, something Poland did a week ago. Welcome to a new gold rush! It's a plot to disintegrate the US dollar. Counties are sick of giving the US their produce for nothing more than toilet paper in return. I can see the US government hiding in their deep tax paid underground military bases when the world hits the next coming catastrophe.

 

 

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Is this not something that happened back in the 90"s? Countries were taking back their gold, because they feared the US would lease their gold out, per Allan Greenspan and  Clinton's  "strong dollar policy"?

That was the big joke when George W. got in office..... They told him the gold was gone from Fort Knox... and he said, Quick, double the guards!

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Thanks Ron... People refuse to see what is in front of them.... America and it's dollar were not always the reserve currency, and it is becoming clear it will not be in the future. I don't understand how people can think our position will never change. Our debt is so high and unpayable it is only a matter of time before the banksters find a better deal.

 

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  • yota691 changed the title to More & more Countries Repatriating their Gold and Ditching The Dollar

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