Bank of Canada Holds Swiss, Dutch, Swedish Gold As Swiss Repatriation Referendum Looms

Bank Of Canada Holds Swiss, Dutch, Swedish Gold As Swiss Repatriation Referendum Looms
Ex Bank of Canada governor Mark Carney, now Bank of England governor, holds up a gold coin at the Royal Canadian Mint to promote the public sale of rare Canadian gold coins previously stored at the Bank of Canada since 1935. Canadian Press/Adrian Wyld Highlights
– Upcoming Swiss vote on gold repatriation could lead to gold repatriation from Bank of Canada
– Bank of Canada only acts as gold custodian to four foreign central banks
– Switzerland, the Netherlands and Sweden say they hold gold in Ottawa
– Bank of Canada no longer a major gold custodian; Canada has virtually no gold reserves
In just three months, on November 30, the Swiss will vote in a federal referendum on the future of the country’s gold reserves.

This post was published at Gold Core on 28 August 2014.

 

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