During an interview with King World, Rick Rule discusses the topic of gold repatriation.
Rule explains why there is growing concern among international central banks about gold being held in the Federal Reserve, and how this is leading to more and more countries attempting to bring their gold.
Something similar should be applied on the individual level.
Rule says,“I try personally to keep control of my own gold, so it wouldn’t surprise me that the collective of France and Switzerland would like to keep control of their own gold.”
I interviewed Rule in 2013, here.
ReplyDeleteBelgium Investigating To Repatriate All Gold Reserves
Just after I reported on the repatriation of 122.5 tonnes of gold by The Netherlands from the Federal Reserve Bank of New York (FRBNY) and about the Eurosystem allocating as much of its gold reserves as possible – 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://www.bullionstar.com/blog/koos-jansen/belgium-investigating-to-repatriate-all-gold-reserves/