Netherlands Repatriates Some Gold

There are reports that the Netherlands has repatriated a substantial portion of its gold holdings from the Federal Bank of New York to their own physical custody. This move changes their allocation of gold held at home from 11% to 31%, and the portion held at the Federal Reserve Bank of New York from 51% to 31% while the remainder of their holdings are split between the Bank of England and Canada. There is no news yet as to whether they've drilled the bars and found tungsten.

One thought on “Netherlands Repatriates Some Gold

  1. Classic move, yep, get the ultrasound out and quickly check those bars!

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