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By: Stephen Bates

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Sunday, 8-Jun-2014 17:06 Email | Share | Bookmark
Austria Sending Auditors To Check Gold Held By Bank Of England |












Fast forward a year and Buba, as the Federal Bank of Germany is sometimes referred to, has only managed to bring home a paltry 37 tonnes of gold. And a mere 5 tonnes of that came from the US, the rest from Paris. The US Fed holds 45% of the total 3,396 tonnes German gold. Now Austria, perhaps unnerved by Germany's experience with their bullion and mindful of Brown's Bottom , is sending a team of auditors to check on gold held by the Bank of England. According http://richnvnh.bloggd.org to Goldreporter.de only 17% of Austria's 280 tonnes of gold reserves are held inside the webblog European nation with the Bank of England holding the bulk or some 150 tonnes worth more than $6.2 billion. Under public pressure the Austrian accountability office is sending a delegation verify bullion held in London vaults: I acknowledge the request. <br>More: http://www.mining.com/austria-sending-auditors-to-check-gold-held-by-bank-of-england-86445/



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