Dutch government comes half clean on gold reserves

Goldseek responds to Dutch blog Vrijspreker’s report that the Netherlands secretary of the treasury has answered half-candidly the questions put to him by the Dutch Socialist Party about the disposition of the Dutch National Bank’s gold reserves. According to Vrijspreker:

— The Dutch National Bank has not loaned gold since 2008 but has sold 1,100 of its 1,700 tonnes of gold since 1991.

— The Dutch gold reserves are vaulted in New York, Ottawa, London, and Amsterdam, but the bank would not specify how much was at each place. So it may be fairly assumed that the Dutch gold vaulted in London and New York, what the Bundesbank famously calls “gold trading centers,” has been made available for surreptitious gold market intervention to suppress the monetary metal’s price.

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