You are here
Ronan Manly: Romania joins gold repatriation exodus
9:26p ET Tuesday, March 5, 2019
Dear Friend of GATA and Gold:
Bullion Star gold researcher Ronan Manly today examines the effort in Romania's parliament to repatriate the country's gold reserves from the Bank of England and concludes that it opens a new front between democracy and the arrogance and unaccountability of the central bank.
If legislators enact the bill, Manly writes, "Romania looks set to join the ranks of Hungary, Austria, Germany, and the Netherlands in bringing gold bars back into domestic storage. Which European nation will be next after Romania? Poland is a likely candidate, with 102.9 tonnes of gold stored at the Bank of England."
Manly's analysis is headlined "The Domino Effect: Romania Joins Gold Repatriation Exodus" and it's posted at Bullion Star here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
We Are Amid the Biggest Financial Bubble in History;
When It Bursts, Bullion Owned in the Safest Way Will Protect Wealth
With GoldCore you can own allocated -- and most importantly -- segregated coins and bars in Switzerland, Singapore, and Hong Kong.
Switzerland, Singapore, and Hong Kong remain extremely safe jurisdictions for storing bullion. Avoid exchange-traded funds and digital gold providers where you are a price taker. Ensure that you are outright legal owner of your bullion. If you do not own segregated bullion that you can visit, inspect, and take delivery of, you are exposed.
Crucial guides to storage in Singapore and Switzerland can be read here:
GoldCore does not report transactions to any authority. Safety, privacy, and confidentiality are paramount when we are entrusted with storage of our clients' precious metals.
Email the GoldCore team at firstname.lastname@example.org or call our trading desk:
UK: +44(0)203-086-9200. U.S.: +1-302-635-1160. International: +353(0)1-632-5010.
Visit us at: http://www.goldcore.com
Join GATA here:
Mining Investment Asia
Marina Bay Sands Conference and Exhibition Center
Tuesday-Thursday, March 26-28
Mines and Money Asia
Hong Kong Conference and Exhibition Center
Wan Chai, Hong Kong
Tuesday-Thursday, April 2-4
* * *
Help keep GATA going:
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit: