Switzerland Wants Its Gold Back From The New York Fed

AnaShyNa's picture

 

THURSDAY, MARCH 8, 2012

Switzerland Wants Its Gold Back From The New York Fed

 



From zerohedge.com 
3/7/12

Earlier today, we reported that Germans are increasingly concerned that their gold, at over 3,400 tons a majority of which is likely stored in the vault 80 feet below street level of33 Liberty (recentlypurchased by the Fed with freshly printed money at far higher than prevailing commercial real estate rates for the Downtown NY area), may be in jeopardy,and will likely soon formally inquire just how much of said gold is really held by the Fed. As it turns out, Germany is not alone: as part of the "Rettet Unser Schweizer Gold", or the “Gold Initiative”: A Swiss Initiative to Secure the Swiss National Bank’s Gold Reservesinitiative, launched recently by four members of the Swiss parliament, the Swiss people should have a right to vote on 3 simple things: 

 
i) keeping the Swiss gold physically in Switzerland
ii) forbidding the SNB from selling any more of its gold reserves
iii) the SNB has to hold at least 20% of its assets in gold. 
 
Needless the say the implications of this vote actually succeeding are comparable to the Greeks holding a referendum on whether or not to be in the Eurozone. And everyone saw how quickly G-Pap was "eliminated" within hours of making that particular threat. Yet it begs the question: how many more international grassroots outcries for if not repatriation, then at least an audit of foreign gold held by the New York Fed have to take place, before Goldman's (and New York Fed's) Bill Dudley relents? And why are the international central banks not disclosing what their people demand, if only to confirm that the gold is present and accounted for, even if it is at the Federal Reserve?

original article: http://www.zerohedge.com/news/switzerland-wants-its-gold-back-new-york-fed

Category: 

Comments

run for the money

donna's picture

Locally they seem to be finding lying cheating stealing all this money being took. Now they continue up the jacobs ladder...down the jacobs ladder...how much will be found to restore funds...abundance with blessing are so bountintful...let us pray that we seek an find...what was hidden now comes to light...the aroras spoke this to me last night...hold fast to love truth honor what was done in harm is now coming undone very fastly...hold tight to the light awaken to each our truth to join in love