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Belgium Denies To Repatriate Gold From The Uk

In December 2014 the Luc Coene admitted he was investigating to repatriate all Belgian gold reserves, on TV-network VTM Nieuws: Luc Coene: If one feels that in surrounding countries these decisions are taken, one knows that this question will be asked visit the website to us as well.So were pro-active investigating all the elements, so when the question will be asked, we can answer it. The internet practical problem is the transport of the gold, with all the risk that come with it.Second, if we repatriate we need to setup a large security system in Belgium.Though currently this is done by certain central banks that are specialized in this. Did the investigation point out the transport and storage costs would be too high? Currently the storage fee NBB pays to its custodians (BOE, BIS, Bank of Canada) is 250,000 a year. Is Belgium not repatriating because of the costs or because it got obstructed by other authorities? Last week I reported about the mystery regarding the fine gold tonnage claimed to have been repatriated by the Netherlands and Germany in 2014 from New York (208 tonnes), and the drop in total foreign gold deposits disclosed by the great site Federal Reserve Bank Of New York (FRBNY) in 2014 (177 tonnes). The mystery that adds to a long list of oddities couldnt be clarified to me by the central bank of the Netherlands, Germany or US. Additionally, I called and emailed to the central bank of the Ukraine to ask whether they had deposited any gold in New York in 2014 that could help explain the mysterious 31 tonnes gap. Until now, all four central bank were reluctant to say anything that could restore their common credibility, but perhaps one will in the future still waiting on email reply from the central bank of the Ukraine, but I doubt it will help.
More: http://news.goldseek.com/GoldSeek/1423146296.php

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