pmbug
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- Dec 20, 2007
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In a recent interview the Dutch central bank (DNB) shares it has equalized its gold reserves, relative to GDP, to other countries in the eurozone and outside of Europe. This has been a political decision. If there is a financial crisis the gold price will skyrocket, and official gold reserves can be used to underpin a new gold standard, according to DNB. These statements confirm what I have been writing for the past years about central banks having prepared for a new international gold standard.
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More (long and fascinating):
https://www.gainesvillecoins.com/blog/dutch-central-bank-admits-prepared-new-gold-standard
