The central bank of France has covertly repatriated 221 tonnes of gold between 2013 and 2016. Since then, all its monetary gold is stored in La Souterraine in Paris. Repatriating all gold is related to France’s aim to revamp Paris as a gold trading center.
There's a lot at stake coming in this French election regarding NATO, EU & France. America & their proxy NATO are in for a rude shock shall Le Pen somehow manage to scrape together a victory.
Great article Jan, ty.
Q: Any signs France will tie it's currency to Gold, just as Russia has recently?
Not yet ;-) By the way Russia has already released their “peg” (floor price) to gold.
Right, thanks,
I'll have to find a reference to that from Kremlin, be good to see their's or Putin's statement on it, or have they done it quitely?
They published it. You can google it - Reuters reported on it
Unless France does a 'Frexit' and restores the French Franc it cannot link its currency (the Euro) to gold as it doesn't control it - the EU does.
Yes.
There's a lot at stake coming in this French election regarding NATO, EU & France. America & their proxy NATO are in for a rude shock shall Le Pen somehow manage to scrape together a victory.