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DanaThomas posted an update 7 years, 4 months ago
Italian tidbit. The League economist Claudio Borghi, Chairman of the Finance Committee in Parliament, has deposited a bill with one article to declare that the Italian gold reserves deposited in the Bank of Italy (“AND ELSEWHERE”) belong to the Italian State. Since World War II, the bullion has been in a sort of legal limbo. An official of the privately owned central bank has just said it is the bank and not the Government who should decide – the usual claptrap. Analysts are saying that this move is to forestall any eventual claims by the European Central Bank on the country’s gold. The reference to Italy’s gold held elsewhere is intriguing. We might well see Italy following the same path as the German, Austrian and Dutch central banks in asking for their gold back from New York and London. The new law is needed in Italy because the management of the central bank is a puppet of the Bundesbank and its emanation the ECB. Here is a link in Italian:
https://it.reuters.com/article/foreignNews/idITL8N1YQ3O1
The Giza Forum (Legacy)
Closed Archive of The Old Forum
Prelude, perhaps, to a gold repatriation effort?
I think so, but the globalist central bank pushback is getting worse. Now some have accused the government of “caving in” to Brussels with regard to deficit spending in 2019, but Borghi replied that his aim for the end of 2018 was to provide counter-measures to the most serious financial threats to the country. He evidently caught some rumblings among the kleptocrats regarding Italian gold reserves, since this bill appeared out of the blue. The Eurocrats will have to explain why, if gold is just a “barbarous relic”, they are so anxious to get their hands on it. My speculation: the BIS is somehow connected with this.