“This week, a well-known Dutch bank was the first financial institution to inform its clients that their ‘gold investments’ are no longer physically deliverable, proving that the physical gold and ‘paper gold’ are different commodities with different prices. The world’s financial system is short on gold and no gold bars, except those that are kept by the owners, are safe from confiscation. ABN AMRO, the biggest Dutch bank, has sent a letter to its clients stating that they will no longer be able to take physical deliveries of the gold they have bought through ABN. Instead they are offered money at the current market rate for gold.”
http://english.ruvr.ru/2013_03_28/ABN-has-no-gold-left-for-its-clients/
Related posts:
NYPD's Crackdown on "Manspreading": Enforcing Courtesy At Gunpoint
Thieves drain 2FA-protected bank accounts by abusing mobile networks
Homeland Security Purchases 200 Million More Rounds of Ammunition
Assange on NSA leak: Snowden will be prosecuted for years
This Company Saved Money By Tracking Employees With Fitbits
Hedging Bitcoin Mining Investments with Network Difficulty Futures
Gold jewellery stocks hammered in India
Precious Metals True To Form As Markets Wake To Reality
Minnesota Food Freedom Farmer: Alvin Schlangen
Oklahoma: Marijuana Legalization Measure Introduced
As Sanctions Hit Iran's Most Vulnerable, the Man Who Dared to Feed Sanction-Starved Iraq Remains in ...
NSA is more than just a spy network, it’s global fascism
Vermont Marijuana Decriminalization Law Goes Into Effect
Merkel Admits She Was "Responsible for Brainwashing in the Favour of Marxism"
Gold, Silver Product Demand Is 'Very Strong:' Royal Canadian Mint