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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (170613)7/3/2024 2:19:46 PM
From: Goose94Read Replies (1) of 202924
 
Gold: Quest for Au Take Note Canada Governor of Dutch Central Bank States Gold Revaluation Account Is Solvency Backstop

Netherlands is ready to rebuild its financial system with Gold

July 3rd 2024

Our friend the Dutch gold researcher Jaco Schipper today calls attention to a May 15 report from the public broadcasting service in the Netherlands, NOS, about the government's new fortress gold vault in the town of Zeist:

At the conclusion of the report an official of the Dutch central bank, Coen Voormeulen, makes a remark that is reminiscent of Dutch gold researcher Jan Nieuwenhuijs' reporting about the "gold revaluation accounts" maintained by some central banks:

gainesvillecoins.com

Voormeulen says of the Netherlands' 14,000 gold bars, estimated to be worth 15 billion euros: "The gold is the ultimate reserve if the entire financial system were to get into trouble and nothing would be of value anymore. Then the gold is still worth a lot of money. We can start over with that."

Starting over with gold does seem to be increasingly under discussion in official circles around the world.

ChrisPowell, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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