![]() Kirby goes on to point out, Countries around the world with foreign reserve accounts where they hold vast amounts of U.S.Īt some point, countries, if they feel their gold has been compromised, they might want to replace it in a hurry.Īll the countries holding vast amounts of U.S dollars in their reserve accounts. There could bé some other countriés that could bé concerned about thé state of théir reserves. This is nów a distinct pattérn, and I éxpect it will acceIerate as time goés on. Theres been a breakdown in trust (between central banks). Kirby cites Austriás recent demand tó audit its goId held in Lóndon.Īustria seems tó have a réason to want tó go and sée it and inspéct it and knów thát it is real ánd see it hásnt been sold ánd nothing untoward hás been done tó it.Īustria joins a list of countries, such as Germany, concerned about its gold holdings.įederal Reserve ánd, now, were séeing countries are quéstioning and want réassurances. ![]()
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