{"id":450,"date":"2019-12-02T11:21:49","date_gmt":"2019-12-02T11:21:49","guid":{"rendered":"http:\/\/stateofthenation.co\/?p=450"},"modified":"2019-12-02T11:21:49","modified_gmt":"2019-12-02T11:21:49","slug":"you-know-the-siathtf-when-so-many-countries-are-repatriating-their-gold-from-londons-vaults","status":"publish","type":"post","link":"http:\/\/stateofthenation.co\/?p=450","title":{"rendered":"You know the SIATHTF when so many countries are repatriating their gold from London’s vaults."},"content":{"rendered":"

Serbia, Slovakia Join Sudden Eastern European Gold Repatriation Push<\/h1>\n

ZeroHedge.com<\/p>\n

The gold rush continues…<\/em><\/strong><\/p>\n

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Just a few short days after\u00a0Poland<\/strong>\u2019s government touted its economic might after completing the repatriation of 100 tons of the barbarous relic; and with\u00a0Hungary<\/strong>‘s anti-immigrant Prime Minister Viktor Orban also ramping up holdings of the safe-haven asset to boost the security of his reserves, more Eastern European nationalist leaders are demanding their country’s gold back on home soil.<\/p>\n

As Bloomberg reports<\/em><\/a>, former\u00a0Slovak Premier Robert Fico<\/strong>, whose odds of returning to power are rising quickly, urged parliament to compel the central bank into repatriating the nation’s gold stocks, which are currently stored in the U.K..<\/p>\n

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His reason?<\/strong><\/u><\/p>\n

Perhaps most vocally reflecting what many other nations also believe –\u00a0sometimes your international partners can betray you.<\/strong><\/p>\n

Citing a 1938 pact by France, Britain, Italy and Germany allowing Adolf Hitler to annex a chunk what was then Czechoslovakia, Fico told reporters:<\/p>\n

\u201cYou can hardly trust even the closest allies after the Munich Agreement.<\/strong><\/p>\n

I guarantee that\u00a0if something happens, we won\u2019t see a single gram of this gold. Let\u2019s do it as quickly as possible<\/strong>.\u201d<\/p><\/blockquote>\n

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Additionally,\u00a0Serbia\u2019s strongman leader Aleksandar Vucic took note,\u00a0<\/strong>ordering the central bank to boost reserves and prompting the purchase of nine tons in October.<\/p>\n

Vucic said last week that more should be bought because\u00a0\u201cwe see in which direction the crisis in the world is moving.\u201d<\/strong><\/p><\/blockquote>\n

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The various leaders have a recent example to prove their fears right<\/strong>\u00a0as the\u00a0Bank of England<\/a>\u00a0refused to return Venezuela\u2019s gold stock over political differences.<\/p>\n