Koos Jansen
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Koos Jansen
Posted on 5 Dec 2014 by

Belgium Investigating To Repatriate All Gold Reserves

Just after I reported on the repatriation of 122.5 tonnes of gold by The Netherlands from the Federal Reserve Bank of New York (FRBNY) and about the Eurosystem allocating as much of its gold reserves as possible – a global run on gold which can only be seen in advance of a reform of the international monetary system, the next Eurosystem member has come forward, Belgium.


In Europe so far; Germany has been repatriating gold since 2012 from the US and France, The Netherlands has repatriated 122.5 tonnes a few weeks ago from the US, soon after Marine Le Pen, leader of the Front National party of France, penned an open letter to Christian Noyer, governor of the Bank of France, requesting that the country’s gold holdings be repatriated back to France, and now Belgium is making a move. Who’s next? And why are all these countries seemingly so nervous to get their gold ASAP on own soil?

VTM-nieuws has just reported the Belgium central bank has confirmed it’s investigating to repatriate all its gold reserves.

Our country is investigating to repatriate all gold reserves. The Belgium central bank has confirmed this to VTM-nieuws.

UPDATE December 8:

Moments ago I called the Belgium central bank. The press department stated they couldn’t tell me anything more than the Governor of the Belgium central bank (NBB), Luc Coene, told VTM-nieuws. I found the full item from VTM-nieuws (make sure captions are on).

Presenter: …stored abroad, in specialized strongly secured banks. The lion share is stored in London at the Bank Of England, however, the Belgium central bank is now investigating how that gold can be repatriated.

Luc Coene: If one feels that in surrounding countries these decisions are taken, one knows that this question will be asked to us as well. So we’re pro-active investigating all the elements, so when the question will be asked, we can answer it.

Presenter: The Netherlands repatriated in utmost secrecy a part of their gold reserves a few weeks ago, Germany did the same to take away the uncertainty about the gold. At the end of the nineties Belgium sold 1,000 tonnes of gold the pay of debt. Now our country owns 227 tonnes. To ship this back home is not a simple task.

Luc Coene: The 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.

Presenter: In the end, if the gold will be repatriated is a decision that has to be taken by the government.

“If one feels that in surrounding countries these decisions are taken, one knows that this question will be asked to us as well.” This statement by Coene tells me the repatriation virus is spreading in Northern Europe; the question is not IF Belgium will repatriate, but WHEN. Remember, in 2012 the Governor of the Dutch central bank said he wasn’t planning to repatriate the Dutch gold and that all gold was safe in New York, though shortly after this statement he started the repatriation process (as demonstrated in this post). The fact Coene clearly states he’s investigating the repatriation process will very likely ensue in shipping home the Belgian gold.

Additionally, I don’t think many central bank members of the Eurosystem operate in isolation. Not so long ago we learned the Eurosystem is disclosing the ratio of allocated versus unallocated gold reserves and  is decreasing the amount of unallocated gold. Repatriating would only be a logic next step.

The presenter of the news item says Belgium sold 1,000 tonnes of gold in the nineties to payoff debt, however, it can be Belgium sold gold for the same reason The Netherlands sold 1,100 tonnes. Which is, according to Jan Kees de Jager (former Minister of Finance of The Netherlands):

..to equalize its gold holdings relative to other important gold holding nations. 

Since 1999 all European central banks collaborated in a program called  the Central Bank Gold Agreements (CBGA), or the Washington Agreement On Gold, to jointly manage gold sales. It’s possible European central banks managed their gold sales also prior to 1999, after all the preparations for the euro started long before and all these central banks must have been on the same page ever since.

Belgium holds a large share of its reserves in the UK, a smaller part in Canada and at the BIS in Basel. Of the total 227 tonnes Belgium gold reserves, 210 tonnes are allocated and 17 tonnes are unallocated. The NBB presumably has a little less than 24 tonnes leased. From the NBB website:

At the end of May 2013 there are still gold loans outstanding with five commercial banks totalling 24.97 tonnes of gold. Taking account of the due dates, that position is expected to decline further during the 2013 financial year.

Click here to read (French and Dutch) the official statement of the Belgium government on the location of its gold reserves.

NBB just send me the official statement of Luc Coene in the VTM-nieuws item (in Dutch). Click to view.

Screen Shot 2014-12-08 at 5.07.37 PM

This is all I could find for now. This post will be updated when more news comes in.

Koos Jansen
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  • Guy Christopher

    Exciting news, Koos Jansen. Wondering what 77% of Swiss voters are thinking about now.

    • gnarit

      This is exactly what I was going to say!

      Actually they’re not thinking anything about it because the mainstream media will never inform them about this.

    • socalbeachdude

      Only 22% of Swiss voters were in favor of that asinine gold referendum there which went down in resounding defeat with more than three-quarter of all voters opposed to such ridiculous nonsense.

      Swiss Voters Reject Initiative on Central-Bank Gold

      ZURICH—Swiss voters overwhelmingly rejected an initiative on Sunday that would have forced the country’s central bank to hold one-fifth of its assets in gold, a move that would have eroded its ability to conduct monetary policy.

      Citing projections from results in 19 of the country’s 26 cantons, Swiss television said roughly 78% of voters opposed the initiative, dubbed “Save Our Swiss Gold.” The gold initiative would have also barred the Swiss National Bank from selling gold in the future.


      • wolfmanjack

        Your regular posting claiming that gold is nothing but a barbarous relic etc would suggest that you are not a ‘socalbeachdude’ but an establishment figure in either the financial sector or (possibly) Langley.

  • KarenHudes

    Here’s where the dialogue stands on the offers to each country to end the network of global corporate control http://arxiv.org/PS_cache/arxiv/pdf/1107/1107.5728v2.pdf
    by putting their Central Bank into bankruptcy under their local jurisdiction, and replacing their paper currency with the gold allocated to their country from the Global Debt Facility. The gold will be converted into aurum http://www.peakprosperity.com/podcast/84359/new-way-hold-gold


    • KoosJansen

      Why Aurum when you can hold coins or store gold at private vaults? I expect the ‘private gold industry’, not banks, to soon facilitate payments in physical gold without having to carry around the phyz. Can be done through crypto currency technology.

      • KarenHudes

        Crypto currency assumes that the internet is safe. This is an assumption. Detaching gold from currency assumes that governance is adequate. This assumption has been proven time and again to be incorrect. Of course, since there will be no legal tender laws, the crypto currencies can compete with the aurum.

        • socalbeachdude

          The internet is perfectly safe to conduct e-commerce and banking transactions and billions of people use it for just that every day. Hellllllooooooo?

          • KarenHudes

            The legal tender laws will no longer restrict whatever currency the people use to transact their business. If people prefer crypto currencies to actual gold bills, then that is just hunkey dorey.

          • socalbeachdude

            Legal tender is determined by every sovereign country as to what is acceptable. As to so-called “crypto currencies” they are NOT CURRENCIES at all and major efforts in the US and internally are now being made to entirely shut down PONZI SCAM SCHEMES such as BitCON.

      • socalbeachdude

        And what purpose would that serve, Koos?

        If you hold gold and pay a creditor in gold then that gold is gone from your holdings. Why not simply use ELECTRONIC DOLLARS which can be transferred with the click of mouse or another electronic currency and have a totally agreed price on that transaction for accounting purposes with no room for interpretation or vast complexity as to valuation back into dollars or whatever currency for accounting purposes including reporting to the IRS and/or other tax agencies.

        • KoosJansen

          You’re hilarious. Who’s paying you by the way? #LOL

          • socalbeachdude

            I am, obviously, 100% correct as to my statements, and I don’t have any providers of goods and services who would even consider the absurd notion of accepting gold for payment of anything. What on earth would they do with the stuff but to convert it into REAL MONEY, which in the US, of course, is US DOLLARS?

            Nobody pays me a single penny for my views and observations and insights and I provide them on a PRO BONO BASIS to educate folks including the clueless dolts who are numerous among the GOOD GOOBERS which are a pathetic, pitiful, and very sad lot.

            Nearly 100% of folks in Beverly Hills, CA have no interest whatsoever in gold except as lovely gold jewelry for which there are great choices on Rodeo Drive this Holiday Season.

          • KoosJansen

            Please keep your tone civilized. If you continue to write things like:

            clueless dolts who are numerous among the GOOD GOOBERS which are a pathetic, pitiful, and very sad lot.

            I will have to ask you to stop commenting on this blog, or block you eventually.

            Kind regards,

            Koos Jansen

          • Sven

            I am not surprised in the least to hear that no pays you a penny for your views.

            I hear folks in Beverly Hills, CA are really up on reality. Totally connected to real life. Gnarly dude. Surfs up. Whatever.

          • DameEdnasPossum

            This guy owes us for having to suffer his output.

    • Guest

      There is no Global Debt Facility.

      • Macray

        Agree, the Global Debt Facility trust is a fiction invention of Ms. Hudes. She can say one exists over and over, but it doesn’t.

        • Macray

          Ms. Hudes claims that there is 1.715 million tons of Gold in a fictitious trust named the Global Debt Facility. So many ways to prove this is fiction by asking questions about trusts.

          • Guest

            According to Ms. Hudes this trust has over 6.5 quadrillion $’s of Gold assets. And it has one trustee.

          • KarenHudes

            This guest is confusing the Treaty of Versailles Bonds: https://s3.amazonaws.com/khudes/Treaty+of+Versailles+Gold+Bullion+Certificates.pdf
            with the precious metals, gemstones, art, and other assets in the
            Global Debt Facility, established by Eisenhower, Truman, and the rest of the
            world’s politicians and elites. https://s3.amazonaws.com/khudes/BILATERAL.pdf
            . John F. Kennedy accessed the gold allocated to the US ten days before his

          • Guest

            There is no Global Debt Facility Trust. No Matter how many times you repeat a lie, it will not make it true Ms. Hudes. You can tell us that the Lord told you that this Trust exists, but that will not make it so. Next thing you will tell us is these gold assets (approx. 65 trillion US dollars) and other assets are insured for fire or theft.
            You obviously know this GDF Trust does not exist. Why do you post such nonsense?

          • NightlyJazz

            JFK attempted to have it allocated to the US but I believe the effort failed because of his death.
            There is a GDFT.

          • socalbeachdude

            Obviously, her assertions are totally false and out in lunar orbit as the TOTAL AMOUNT OF GOLD EVER MINED IS ONLY A LITTLE MORE THAN 180,000 METRIC TONNES.

          • KarenHudes

            You are mistaken about the amount of precious metals, or the period of time over which they have been mined, socalbeachdude. You are mistaken about the length of the history of human civilization as well. http://www.amazon.com/Maps-Ancient-Sea-Kings-Civilization/dp/0932813429

          • socalbeachdude

            I am not the least bit “mistaken” at all. THE TOTAL AMOUNT OF GOLD EVER MINED IN THE HISTORY OF THE WORLD IS RIGHT AROUND 180,000 METRIC TONNES which can be verified by many sources including the definitive and authoritative source which is the World Gold Council at:


            As to your amazom link, that is just totally bogus fictional nonsense that has nothing whatsoever to do with actual factual reality.

          • KarenHudes

            The map is not fictional nonsense. Read just one of many writers who have corroborated that there is alot longer history and consequently more opportunity to mine, and much more gold than you are reporting. http://www.world-mysteries.com/sar_1.htm

            You, socialbeachdude, are anonymous and unaccountable, and moreover, you are insulting. I will not engage in any further dialogue with you.

            “The Piri Reis map shows the western coast of Africa, the eastern coast of South America, and the northern coast of Antarctica. The northern coastline of Antarctica is perfectly detailed. The most puzzling however is not so much how Piri Reis managed to draw such an accurate map of the Antarctic region 300 years before it was discovered, but that the map shows the coastline under the ice. Geological evidence confirms that the latest date Queen Maud Land could have been charted in an ice-free state is 4000 BC.

            The official science has been saying all along that the ice-cap which covers the Antarctic is million years old.
            The Piri Reis map shows that the northern part of that continent has been mapped before the ice did cover it. That should make think it has been mapped million years ago, but that’s impossible since mankind did not exist at that time.

            Further and more accurate studies have proven that the last period of ice-free condition in the Antarctic ended about 6000 years ago. There are still doubts about the beginning of this ice-free period, which has been put by different researchers everything between year 13000 and 9000 BC.
            The question is: Who mapped the Queen Maud Land of Antarctic 6000 years ago? Which unknown civilization had the technology or the need to do that?

            It is well-known that the first civilization, according to the traditional history, developed in the mid-east around year 3000 BC, soon to be followed within a millennium by the Indus valley and the Chinese ones. So, accordingly, none of the known civilizations could have done such a job. Who was here 4000 years BC, being able to do things that NOW are possible with the modern technologies?”

          • Guest

            Ms. Hudes, you know there is no Global Debt Facility Trust. Again, why do you post such obvious false information? I see on your twitter feed that you indicate this fictional trust has these fictional gold assets insured for theft with a fictional insurance policy. Again, I ask you why do you knowingly post false information?

          • KarenHudes

            The County Executives of America have not corrected this statement; you are welcome to check with them whether or not this is the case: https://s3.amazonaws.com/khudes/Twitter12.6.14.1.pdf

          • Guest

            They have not corrected your statement you typed on on your word processor because they obviously have ignored you. Ignoring you, does not mean they agree with your statement. Quite the contrary. The County Executives of America. LOL

            Why do you post false information about a fictitious trust you call the Global Debt Facility? Why do you post false information that this fictitious trust holds fictitious gold assets of 1.715 million tons and is insured with a fictitious insurance policy?

            Why do you ignore these questions?

          • KarenHudes

            Dear Anonymous Guest,

            Your statements that I am being ignored and that I am ignoring your comment are both untrue. It is you who ignored me and refused to check with the County Executives of America. Just today I emailed the Board of Executive Directors about four competing claimants who are asserting that they possess signature authority over the world’s assets in the Global Debt Facility, TVM-LSM-666. It is my job to declare which of these, or indeed whether all four of them, do actually possess this authority. You can check with your Executive Director how he or she plans to respond. This process is contemplated by paragraph 6 of the Bilateral Minesfield Breakthrough Successor Agreement: https://s3.amazonaws.com/khudes/BILATERAL.pdf

          • Guest

            Show me the letters of the County Executives of America. Not what you invent on your word processor. Actual letters from all of the Executive of America. Their correspondence not yours.

            And yes, you have ignored my questions.

            You say there is a Global Debt Facility Trust Yes or No ?

            You say it has Gold Assets of 1.715 million tons of Gold as well as other assets Yes or No ?

            You say these assets are insured.
            Yes or No ?

            Three Yes or No answers will do. Not your invented info you type in your word processor.
            Three Yes’s or No’s .
            Can you do that or is that too difficult for you?

          • KarenHudes

            Dear Guest,

            This is called a “battle of the forms.” In this tweet I have referred to a conversation on October 24, 2014 with Mr. Mike Griffin, the Executive Director of the County Executives of America. https://s3.amazonaws.com/khudes/Twitter12.6.14.1.pdf
            You may certainly contact Mr. Griffin to ascertain the truth of my statements.

            Here are some reactions to our conversation:

            Larry Rice ‏@LarryDean58 7m7 minutes ago

            @KarenHudes:disqus You are not being ignored,the more info you put out the more the NWO are running scared,bankers are committing fraud left right

            #GoldOutofHiding ‏@defendressofsan 3m3 minutes ago

            @LarryDean58 @KarenHudes:disqus These trolls are damn annoying as is the people engrossed with #Gruber mania.

          • #GoldOutofHiding

            Karen has concisely stated what the peaceful transition will be like once we get our #GoldOutofHiding.

          • KarenHudes

            My previous post was deleted for some reason. This is what is known as a battle of the forms. This https://s3.amazonaws.com/khudes/Twitter12.6.14.1.pdf refers to a conversation on October 24, 2014 with the Executive Director of the County Executives of America, Mr. Mike Griffin. Please do your due diligence and contact Mr. Griffin if you doubt my statements. Here is how our interchange is being characterized:

            Larry Rice ‏@LarryDean58 7m7 minutes ago

            @KarenHudes:disqus You are not being ignored,the more info you put out the more the NWO are running scared,bankers are committing fraud left right

            #GoldOutofHiding ‏@defendressofsan 3m3 minutes ago

            @LarryDean58 @KarenHudes:disqus These trolls are damn annoying as is the people engrossed with #Gruber mania.

          • Guest

            I see no correspondence from anybody at the County Executives of America. Only things that you have typed up on your word processor.
            Since I saw no independent 3rd party correspondence, are you are saying now there is no Global Debt Facility Trust, there has never been any assets in such a trust and no such assets have ever been insured?

          • Guest

            PS there is no battle of forms.
            Your form is invented. You have not provided any independent 3rd party forms. You have not addressed the questions. You are incapable of answering Yes or No, True or False. You only respond with your invented forms. That does not answer my questions. Since you have not responded to my questions directly, I have to assume the answer is No to all three of my questions.

          • Johnny Cope

            Obviously Guest you are either a troll or shill (who else would have this much time to be a royal pain). If you had any clue, you would realize that Karen Hudes, General Counsel at the World Bank – has been working transparently on this issue regarding the GDF for quite some time, and so has no obvious reason to be perpetuating a hoax for this long. Why don’t you do some of your own research? What are YOUR credentials? Stop wasting her time

          • Guest

            There are over 3000 county excutive directors in the US. I just phone mine. They have never heard of your super star. How come your superstar cannot answer my 3 questions.
            You seem to be very knowledgeable. I will try to make it easy for you.
            Is there a Global Debt Facility Trust that contains 1.715 million tons of Gold along with other assets and that all these assets are insured?
            Simple, Yes or No?
            What are my credentials?
            I have none. I ask questions. Does that offend you?

          • Guest

            Johnny, I understand if your superstar wants to run from my questions. Its ok.

            There is no GDF. There is No Gold Assets or other assets in this fictitious trust. And of course no assets means there is no insurance to cover assets from theft.

            As a courtesy to Koos Jansen site, I will no longer ask the same questions over and over of your superstar.

          • Guest

            Johnny, I assume you have called your county executive director. Has he heard of your superstar?

          • Johnny Cope

            Actually, YESSS

          • KarenHudes

            Why not try calling the Executive Director of the County Executives of America, Mike Griffin, and ask him about our conversation of October 24th? Also, the Greene County Commissioners might remember their town hall meeting on 6/16/14 https://s3.amazonaws.com/khudes/Twitter6.15.14.pdf

          • Guest

            I will but I need to go to work shortly.

          • Guest

            Johnny, Who is the real Troll here?


            Statement on Former Staff Member
            Karen Hudes

            An individual named Karen Hudes has been issuing correspondence and arranging meetings in the name of the World Bank. In some communications, Ms. Hudes has
            presented herself as the World Bank’s Acting General Counsel.
            Karen Hudes has not been employed by the World Bank since 2007 and is in no capacity authorized to represent any arm of the World Bank Group. Any claims
            otherwise by Ms. Hudes or her proxies are false and should not be viewed as credible.

          • Johnny Cope

            Guest, Guest, Guest – check out the reply from #GoldOutofHiding – like I said, her “claims” are legitimate. Looks like you got a proverbial a**-kicking. As far as her dismissal in 2007, she brought the World Bank to court and was re-instated in her current position.

          • Guest

            I checked out the the reply from GOH. See my response. Your right, I received the proverbial a**-kicking from all those independent 3rd party documents he was nice enough to provide for us!
            I guess we need GOH to produce a document from the World Bank now showing us her re-instatement, Oops i mean we need GOH to produce a document from Ms. Hudes word processor to show us her re-instatement.

          • Johnny Cope

            Look up the term Whistleblower – you think that would make Ms. Hudes popular with all the personnel at the World Bank ? You think that MIGHT just influence how some corrupt officials portray her to the public? Research the history yourself, or better yet, go ASK her. As for myself, I have to get back to work. Keep spinning your wheels.

          • KarenHudes

            This statement on the website of the World Bank is only evidence of something called state capture. The secret service locked me out of the Spring Meetings in 2013 despite my security badge https://s3.amazonaws.com/khudes/lss.pdf

            Then the Annual Meetings Secretariat overruled an IMF Board Member in October 2014 https://s3.amazonaws.com/khudes/Twitter10.11.14.pdf

            There is no question that the network of global corporate control is struggling mightily. See my 12/5/14 comment on Huffington Post http://www.huffingtonpost.com/jim-yong-kim/in-broad-fight-against-eb_b_6250664.html

            “Dr. Kim,
            How can you possibly respond adequately to ebola or any other crisis for that matter when the governance crisis at the Bretton Woods institutions has intensified with the sidelining of the Board of Executive Directors in violation of the Articles of the International Bank for Reconstruction and Development https://s3.amazonaws.com/khudes/general+assembly3.docx

            Why are you ignoring the mandate of the Bretton Woods Institutions under the Global Debt Facility? See paragraph 6 of the Bilateral Minesfield Breakthrough Successor Agreement:https://s3.amazonaws.com/khudes/BILATERAL.pdf The Board of Governors has already determined that the Federal Reserve Note and other fractional reserve currencies should be replaced by aurum: https://s3.amazonaws.com/khudes/breakthrough.pdf
            Karen Hudes
            Acting General Counsel
            International Bank for Reconstruction and Development
            Legal Counsel Global Debt Facility TVM-LSM-666″

            The Secret Service accused me of “cyber crimes” and tried to kick me off the internet on October 24th. I protested to Ike Leggett, President of the County Executives of America. The Montgomery County Police stopped by to tell me that my internet access was not getting cut.

            The Montgomery County Police Department just stopped by; my internet is not getting cut.

            12:07 PM – 21 Oct 2014

          • Guest


            Ok, I have to give you that one : )

          • #GoldOutofHiding

            1. Yes this is the Global Debt Facility

            “trust…established for the benefit of humanity, (the Global Debt Facility)” #GoldOutofHiding
            2.”You say it has Gold Assets of 1.715 million tons of Gold as well as other assets” https://t.co/ZHouM2k0aO
            As well as in Karen’s many interviews where she has stated the gold and other assets in the Global Debt Facility.
            3.Lloyds insuring Global Debt Facility
            “@KarenHudes: Crooks convening humanity: Lloyds Insurance Policy No. 77512007727 – https://t.co/dmhZWbAKeM
            “@KarenHudes: @WellBracedWit Ferdinand Marcos, the world’s best lawyer, insured the world’s gold with Lloyds to protect the beneficiaries: humanity.”

            County Execs of America

          • Guest

            Thank You #GoldOutofHiding.

            There must be one heck of an renewal insurance premium to be paid each year to insure those assets. I guess the one trustee for this enormous trust, is the one responsible for paying the yearly premium, yes?
            Has Ms. Hudes ever showed her followers the annual invoice from Lloyds that would show how much this renewal premium is to insure these assets are?
            Probably not, but hopefully we agree it has to be quite a sum each year. Insurance policies will state on the first page of any insurance policy contract exactly what they are insuring. Has Ms Hudes ever showed her followers the deck page of the insurance policy insuring the GDF trust assets? Probably not.
            A copy of the deck page of the insurance policy from Lloyds would surely help prove Ms. Hudes case, wouldn’t you think? I sure that anyone could then call Lloyds and confirm that the policy is in force. I know many insurance brokers that would be more than happy to confirm the policy is in force as well.
            Again, thanks for doing what your superstar was unable to do by herself.

          • KarenHudes
          • KarenHudes

            I do not know why this post is not showing:
            https://s3.amazonaws.com/khudes/insurance1.pdfVersion ID:

    • socalbeachdude

      Are you not aware that the total value of all of the 180,000 or so metric tonnes of gold ever mined is worth less than $7 trillion and that about 70% of hat is held in the form of privately held jewelry leaving only about $3 trillion even in the form of bullion that could theoretically ever be used in any financial capacity and that central banks only hold about 32,000 metric tonnes of gold?

      The world LONG AGO OUTGREW ANY FINANCIAL USE OF GOLD and it will NEVER be used in any monetary capacity ever again by any country as it would make absolutely zero sense to do so and would be totally impossible to do so given the 7+ billion size of the world’s population and the fact that governments control very little of the 180,000 metric tonnes of gold ever mined.

      Moreover, nobody in their right mind would ever want to use coins again for anything and tying a mere commodity such as gold serves no valid purpose whatsoever. All currencies are backed for something vastly more valuable and growing that a static commodity,. Specifically, ALL CURRENCIES ARE BACK BY THE CURRENT AND FUTURE ASSETS AND LABOR AND PRODUCTIVITY OF THE ISSUING COUNTRY OF ANY LEGITIMATE CURRENCY. Are you not aware of that?

      • Sven

        ^^^^^^^TROLL ALERT^^^^^^^

  • Justin Benedetti

    My thinking is Japan is on the precipice and many Central Banks know it. When the JCB loses control–arguably, it may already have– it will set into motion a shattering of confidence in current Western CB policies, which will change perceptions literally overnight, leading to a financial shock that will prompt investors to dump some fiat (yes, even USD), and replace it with physical precious metals.

    • Sven

      Did you see Paul Mylchreest’s work on the Long Nikkei/Short gold trade?

      • Justin Benedetti

        Yes, I did. It was a great analysis. I think that angle adds yet another very compelling reason why the breakdown of Japan, is VERY important to the precious metals market.

  • canuck07

    Perhaps the EU is breaking up and when this crap goes down, these countries will start printing their own money and having gold on hand gives currency holders and investors more assurance.

  • apeman2502

    Who gets their gold? England, Netherlands, Belgium, and the U.S, provides the muscle and the biggest chump epidemic on the planet. Nobody cares. Britannia proves treachery is not a lost art.

  • mdc

    JUSTICE for FERDINAND MARCOS, those gold reserves are in benefit of HUMANITY!

    • Tata Azniera


      • mdc

        oh clean up your crap brain dude..i’m sure you’re one of this.

  • socalbeachdude

    Belgium only has 227 metric tonnes of government owned gold and ranks #22 in amount of gold holdings among the countries of the world. The total value of Belgium’s gold holdings is only around $11.7 billion based on current preposterously elevated gold valuations of around $1194 per ounce and will soon be worth a lot less as the price of gold continues plunging.

    What difference does it make where Belgium maintains it little tiny bit of gold?

    • Lightthrower

      It’s not only Belgium, that’s why.

      • Sven

        socaltrolldude wants us all to sell our gold to the Fed so they can buy it on the cheap to replace Belgium’s leased gold. Look how persistent this guy is! Where doth he lurk from?

        • Guest

          Sven, KarentrollHudes wants you to believe there is 1.715 million tons of gold in an invented trust she calls the Global Gold Trust. Who is the bigger troll? socaltrollbeachdude or KarentrollHudes? Ok, I understand …not really important. The physical gold market will eventually rule the day. Based upon the destruction of the mining industry over the past few years, the tremendous research that Koos has provided on the Chinese Gold market, the desire for repatriation of gold for many countries, etc., I think the physical market will dictate price in 2015. Just my opinion!

          • Randy Kaiser

            Your last three word statement was well worth reading. The rest of your posts are filled with fear. Fear that you do not know everything. The global Debt Facility is very very real, and preparation for it’s release for all of mankind’s benefit have been going on for year. You will benefit as well anonymous guest; don’t be scared.

          • Guest

            Randy, Is there 1.715 million tons of Gold and other assets in the GDF trust? Are these assets insured?

          • Randy Kaiser

            Total amount exactly? I am not sure. A lot more than you imagine that is for sure. I know people who have seen it. Insured… LOL What would insurance do? Enjoy your life guest. Everything is fine. BTW – you do realise that you are a co creator; manifesting your reality do you not?

          • Guest

            Thanks Randy. Karen has stated there was 1.715 million tons of Gold on her twitter page and she has also indicated it was insured. Your BTW is above my comprehension level. Sorry.
            Its sad that she cannot confirm what she has already stated on her Twitter page. I guess she does not want to stand by those statements anymore.
            So you know people that have seen all this gold? Wow! I am impressed.

          • KarenHudes

            picture of gold, signed by Truman and Eisenhower:
            statement of loss and certificates of insurance from Lloyds of London and Lincoln:
            https://s3.amazonaws.com/khudes/insurance1.pdfVersion ID:

    • IwanovKapotjeplov

      You make 1 big mistake: you value the physical gold according to the current “paper gold” prices, used at the commodity exchanges. Since gold is oversold at least a factor of 10 (1 ounce of real gold has 10 claims on it on paper), the real price of the physical gold will go much, much higher as soon as everybody starts asking for delivery of the real stuff, instead of taking more paper.

    • DameEdnasPossum

      Dear antisocialbeachmuppettroll,

      I know I’m wasting my time on you, so please understand that this post is not for your benefit…and please also don’t feel compelled to respond as I care nothing for your nonsense.

      Limited gold is not valued in unlimited USD…it is the other way around.

      The only backing of the USD is the US Department of Attack. In fact they are mutually dependent and both are living on borrowed time.

      Belgium’s gold matters as it equates to 0.126% of the 180,000 tonnes ever mined. Just as every good delivery bar, 1kg bar, ten tola bar, coin or scrap of gold matters – because it is precious…and has been for 6,000 years – unlike the current 40 year experiment with not so precious paper fiat currencies.

      Unbacked fiat currencies are in their death throws, so remember the golden rule people: those with the gold make the rules.

      Do you think Russian and Chinese central banks are hoarding it just for the sake of it? Think of the trend of changing geo-political power and economic clout from west to east. What will things look like in another 3 or 5 or 10 years time when so many countries are already rushing to de-dollarise?

      The reset cometh and when it does it will be fast and all-encompassing and very painful for most.

  • IwanovKapotjeplov

    Belgium is waking up and looking for its gold. They now realize that there is far less physical gold available compared to the numbers on paper. The one who will ask his gold back first will get it. The one who will ask too late will get nothing, because all the gold will be gone already.

  • Richard Lee

    Very interesting news… Visit http://bulliontradingllc.com/ for buying gold and silver online at a competitive price.

  • lighton

    Good discussion! how about repatriating that gold to were it formerly comes from? the ex-colonial empires!!!

  • Benjamin N Garcia

    Mines Field Successor Breakthrough Bilateral Agreement by the Republic of the Philippines and the United States of America, The assets should be return 2005 or January 1, 2006. The root document is a board resolution of the Central Bank of the Philippines signed January 3, 1949 at the 6F, PNB Building, Manila. The Letter of Instruction came from the owner of the assets loaned to various countries by Don Anacleto Madrigal Acopido (AMA-LSM-666); signed by all Monetary Board Officers of the Central Bank of the Philippines and Republic of the Philippines President Querino and United States of America President Harry Truman President Ferdinand E. Marcos was the lawyer of Don Anacleto Madrigal Acopido.

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