Suddenly: Holland demanded its gold from the American Federal Reserve

23.11.2014 21:57
  (Moscow time)
Views: 962
 
Ukraine, Finance, Economy


Amsterdam - Kyiv, November 23 (PolitNavigator, Vasily Ablyazimov) - While Ukraine is selling the remaining gold, the Netherlands demanded that the United States return the gold that has been stored there since 1944. This is reported German economic news.

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To date, 51 percent of the Netherlands' foreign exchange reserves have been deposited in the United States, 20 percent in Canada, 18 percent in the United Kingdom and only 11 percent at home.

The Dutch Central Bank (DNB) secretly reduced its own gold reserves in New York by 20 percent and transported back to Amsterdam the 122,5 tons stored at the Federal Reserve Bank. This became clear from the statement DNB issued after the transport.

The Associated Press explains the central bank's action this way: "DNB joins other central banks that are increasingly choosing to keep their gold holdings in house... It also leads to a more balanced distribution of gold holdings, and could also lead to positive public opinion and trust "

Since the end of World War II, DNB has stored a significant portion of its reserves in New York, German Economic News reported. This was done after the signing of the Bretton Woods agreement in 1944, which created a new international monetary system, later called Bretton Woods.

Let us recall that experts from all over the world are predicting the end of the Bretton Woods international monetary system in the near future. This international monetary system is one of the foundations of the current American hegemony in the world.

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