Michael Buholzer – March 24, 2018
The latest trend among European countries of bringing home their gold reserves has been raising concerns in Brussels. RT talked to Claudio Grass of Precious Metal Advisory Switzerland to understand what’s behind that trend.
According to Grass, the process means disintegration, which usually comes with instability, unrest, more government intervention and control.
“The central banks started the repatriation already a few years ago, meaning before we had Brexit, Catalonia, Trump, AFD or the rising tensions between the Politburo in Brussels and the nations of Eastern Europe,” he said.
Grass explained that these are all symptoms that are evident today and “therefore the central banks might have seen this coming long before the public realized it.”
He said it is fair to say that the world is moving away from a centralized system.