In this report, from London on Tuesday, July 9th, 2019 I look at a recent story about the National Bank of Poland and how it has doubled its gold reserves from around 100 tonnes to just over 200 tonnes in the first six months of this year.
The interesting part about this development is that all Poland's gold reserves are now at the Bank of England in London but the Polish Central Bank does plan to repatriate about half of it back to Warsaw. I personally would repatriate all the gold from the Bank of England.
I go back in history to show how the Bank of England has actually helped institutions like the BIS and the Reichsbank (Nazi Central Bank) actually steal gold from another sovereign nation. More recently the Old Lady of Threadneedle Street has also frozen Venezuela's gold holdings.
My conclusion is that many of the Central Banks who keep their gold with the Bank of England do it in order to perpetuate the Fiat Currency Ponzi scheme as the gold kept at the BoE's vault is used as collateral by the LBMA bullion banks in order to hypothecate the paper market and keep the gold price suppressed. This is a dangerous strategy as the old saying goes, possession is 90% of the law!
Use promo code maneco64 to get a 0.5% discount on gold and silver bullion purchases at https://www.goldinvestments.co.uk/
Support the channel:
maneco64 store: https://teespring.com/en-GB/stores/maneco64
https://www.paypal.me/maneco64
https://www.patreon.com/user?u=3730528
BITCOIN: 1AkNoKzbZXJ75BbeGkD2ekUDJQNWDrBgMA
BITCOIN CASH: qzfcsu05c9ephzv8qzl7ysvn4lfclzneescfhre4r5
ETHEREUM: 0xfffd54e22263f13447032e3941729884e03f4d58 LITECOIN: LY6a8csmuQZyCsBZbLDTQMRuyLdsW9g2na
DASH: XhxxKD8YHjAdE3hYG7AuCw4EwUrCjZWqGK
BAT Currency: Uphold a/c name maneco
"Poland joins Hungary with Huge Gold Purchase and Repatriation":
https://www.zerohedge.com/news/2019-07-08/poland-joins-hungary-huge-gold-purchase-and-repatriation
"Maduro Stymied in Bid to Pull $1.2 Billion of Gold From U.K.": https://www.bloomberg.com/news/articles/2019-01-25/u-k-said-to-deny-maduro-s-bid-to-pull-1-2-billion-of-gold
▶️ DTube
When will they learn. Even, Australia has not been allowed to audit its 80 million tonnes of gold at the Bank OF England.
Agreed, possession is 90% of the law!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Would you trust them with your gold? Cheers mike
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
How could you say such a thing! It's The Bank Of England, such honorable people.
Seriously though, the more I learn, the more I realise how totally corrupt the system is! If your gold is with the Bank Of England, then it's gone!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes the whole system is bent. Thanks mike
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If I can afford gold enough to be placed in BOE I would rather do some midnight gardening...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
BOJ's 700+α tons of gold is supposed to be held in the vault of NY FED. But no one has ever seen it. No one talks about it under the circumstance of JGB flood.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hi Maneco, I would like to ask can we buy at: https://www.goldinvestments.co.uk/
using Bitcoin or other cryptocurrencies?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit