Eastern European Nations Buy And Repatriate Gold Due To Growing Risks To Euro And Dollar

By Mark O’Byrne – Re-Blogged From Gold-Eagle
Prudent leaders in Eastern European countries are repatriating their national gold reserves and diversifying into gold due to geopolitical risks and monetary risks posed to the dollar, euro and pound

Slovakia has joined China, Russia and a host of countries buying gold or seeking to repatriate their gold from the Bank of England and the New York Federal Reserve

Queen Elizabeth tours a gold vault during a visit to the Bank of England

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Italy Is Latest Country Seeking To Bring Their People’s Gold Home

By Mark O’Byrne – Re-Blogged From Gold Eagle

Gold Is A “Reserve Of Safety” – Mario Draghi

By Virginia Filder for Gold Telegraph

European Central Bank’s President Mario Draghi recently announced that the ECB would be required to approve any management of gold reserves within the euro zone countries.

The statement was specifically directed at two Italian members. Why was Italy singled out?

Romania Did This…And Now It’s Among The Fastest Growers In Europe

By Frank Holmes – Re-Blogged From http://www.Gold-Eagle.com

In 1974 the American economist Arthur Laffer, then a professor at the University of Chicago, was having dinner with his friend Jude Wanniski, an associate editor of the Wall Street Journal. They were joined by Donald Rumsfeld and Dick Cheney, both of whom worked at the time in the Gerald Ford administration. The topic at hand was President Ford’s Whip Inflation Now, or WIN, initiative, which included proposed tax increases.

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