Monday, September 19, 2011

Dutch Socialist Party has asked the Secretary of the Treasury for the whereabouts of the Dutch Central Bank’s gold

The Dutch apparently have found their own Ron Paul.

On Friday 16 September, the Dutch Socialists Party (SP)’s spokesman for financial affairs, Mr. Ewout Irrgang, has asked the Dutch Secretary of the Treasury 10 detailed questions about the gold supposedly held by the Dutch Central Bank. Questions vary from: where is the gold? why are gold and gold receivables one line item? how much gold is loaned out? 
This is potentially a big breakthrough for global awareness on how central banks hide crucial info from the public and the disastrous effects central banks have on society. The society benefits from competitive currencies, chosen voluntarily by the people.
The Questions:

1. Did the Dutch Central Bank (DNB) loan part of their gold?
If yes, how much and to whom?

2. Why are gold and gold loans stated as one line item in the annual report 2010 instead of mentioned as 2 separate items?
3. Can you give an overview of the yearly yields of the gold loans during the past years?
4. Where IS the physical gold of DNB? At which locations and how much is where? What is the reason that the gold is still at these locations?
5. What was the most important reason for DNB to sell the gold in the past? Are the storage costs a reason?
What are the actual costs to store the gold?
6. Can you confirm that since 1991 of the 1700 tons of gold about 1100 tons have been sold?
Is the remark of journalist Peter de Waard correct that because of these historic sales there is a loss of about 30 billion euro?
If not correct, what is the right amount?
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