DUTCH GOLD RESERVES - A - Z
When food shortages and the energy crisis really begins to bite, only gold, silver and gemstones will be worth anything, by way of savings and pensions. Banks who trade in real coin of the realm, are the only ones who will be trusted in the future. Coins could soon make a comeback. The good news is that countries do not need to mint their own. Anyone can produce a quarter ounce dollar, based on the value of gold itself, rather than what any nation says it is worth. We'd suggest that gold is index linked to food, timber and other essential commodities.
In days gone by they traded in real money based on solid gold and silver minted coins. Today, paper currency is based on worthless promises, made by governments (and the IMF) that are typically corrupt in some measure; political pirates, racking up staggering national debts, based on flawed policies. There are though some countries who are building up real wealth. Gold reserves as ingots and bars, that will be worth something when the digital/paper system collapses. Paper and digital currency is no better than Crypto currencies. Here today, gone tomorrow. Smarter individuals changed their promissory notes for something more tangible. Taking control of their lives back from banks and crooked politicians. Show us an honest one please?
This move displeased Governments, who froze accounts and assets of many of those joining in the gold stampede, on realization of what politicians were doing to them. So to preserve the value of savings as pensions in later life. Many paper money dissidents were arrested and interrogated by state police - by way of terror tactics.
it is that when John
Storm discovers a long lost hoard of treasure, a number of nations are
keen to get their grubby mitts on it. Adding John to their hit list. To add to their dwindling
stockpiles, even though they still issue unsupported paper notes for all
those yet to wake up to the economic facts of life.
These are estimates as at 2023.
The Netherlands takes the number 10 spot in the gold reserves rankings, with 612.45 tonnes of gold in its stocks. In October 2019, it was reported that the Dutch central bank would be transporting 14,000 gold bars, weighing a total of 175 tonnes, to a temporary location in Haarlem, before permanently moving them to the DNB Cash Centre in Zeist.
TOP TEN RESERVES IN 2021
The United States of America, with 8,133.5 tons of gold
DOES HAVING GOLD RESERVES IMPACT A COUNTRY?
The best known golden treasures are Doubloons, Guineas and Sovereigns. Other forms of transportable money are diamonds, rubies and emeralds. It's difficult to trade with old bars or ingots. Not so difficult to trade half sovereigns or silver pieces of eight. Anyone can produce their own gold coins. We'd suggest smaller denominations in silver, and larger in gold. Just like Paypal, it would need people to accept a new means of monetary transfer. People would have to have a $gold dollar account, to transfer real gold value, to another account. For that, you'd need an International Gold Depository, not controlled by any nation, but set up as a not for profit organization. With deposits held in each country in bank vaults, where citizens are participating. Hence, going back to the real reason for having banks and safes, or vaults. Citizens could demand to be paid in golden dollars.
STORM BY NAME, STORMY BY NATURE - Only two people knew where Henry Morgan's golden hoard was stashed, and they are both in Davy Jones Locker. Blackbeard was tortured by a British officer, trying to extract the secret, Henry Morgan died of a heart attack in Jamaica. John Storm discovers the location, but refuses to tell, even in the International Court, where Haigue prosecutors try every trick in the book to make him talk.
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