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IPFS News Link • Gold and Silver

Is 50% of Western Central Bank Gold Gone?

• LewRockwell.com By Egon von Greyerz

Central banks and the BIS in Basel go to great length to tell the world absolutely nothing about their gold dealings. All transactions are carried out covertly and no central bank ever has an official audit of their gold holdings. The last US audit was during Eisenhower's days in the 1950's. Ron Paul has been pushing for an audit but to no avail. Will Trump instigate an audit? Well, he might have the intention but when he finds out that a major part of the US 8,000 tons of gold is not there, it will all go quiet. There have been pressures for audits in France and Germany in later years but this has had no effect. No country wants to reveal that the gold isn't there.

Germany takes 5 years to repatriate 647 tons of gold

Germany has recently pretended that they are totally open about their gold dealings, but what have they actually told the world?


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