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LinkedInThe Daily Bell reported over a week ago that now Mexico is joining Germany, the Netherlands, Ecuador, and the growing list of nations calling for repatriation of their gold from the apparently increasingly and all but bottomlessly corrupt Federal Reserve: The New Era in Gold Repatriation will Affect Everything There real problem, as the repatriation phenomenon attests, is a breakdown of trust in the central banking system in general. But ponder these words carefully: "The old era in which central banking trust was ingrained in the system is gone now – and the ramifications are many … [Read more...]
MAX KEISER: AUSTRIAN CENTRAL BANK ON GOLD LEASING
December 10, 2012 By
The past couple of days I've been blogging about banks and the national security state, and over the past few months, the bearer bonds scandals and the calls from various countries for audits and even repatriation of their gold. With respect to the latter issue, the burden of my blogs has been to show: that there is massive obfuscation in the official amounts of gold said to be in existence; and, that whatever the amount really may be, any portion of this amount in the hands of central and/or prime banks in the west has been massively re-hypothecated. Well, the latest country to get … [Read more...]