This vault visit will delight the "we-have-the-gold" believing wannabees, but is not convincing to everyone:

1. Why hasn't the BOE explained the recently "discovered" gold hoard below London?:Stash of £156BILLION in gold bars"Found" Stored Underground in London Still Not Explained

 Could the banksters have pulled a switcheroo?
2. And just why aren't the foreign reserves compartmentalized? Why just one vault with all foreign custodial gold UNALLOCATED?
3. How is professor Poliakoff even being a member of the Royal Society, able to determine a bar's authenticity by sight? Can he "see" if a bar is free of tungsten?
4. Why then are the Fed & BoE not obliging and delaying the repatriation of gold to foreign central banks requesting so. Never mind that the gold will not submit to even an independent audit.

Oh well, whatcha gonna do. People of the world could care less, comfortable in the belief their gold's safe in the custody of the Rothschilds.Or....are the participating central banks anticipating a "make war" response by these banksters for such an arrogant, insensitive, and impolite demand ?

...CV

Submitted by Tyler Durden on 12/09/2012


For those who think any documented presentation of the physical gold held by the world's oldest central bank usually takes place on a movie set in Burbank, CA here is a video featuring University of Nottingham's chemistry professor Professor Martyn Poliakoff (of all people) from within the bowels of the world's second largest gold repository supposedly disproving this (whose comment "one's first reaction is that it can't possibly be real" may be far more accurate than he can possibly imagine).


Why the BOE would change its long held tradition of keeping its gold miles away from the public's eye (very much the same way Bob Pisani's dramatic descent into the GLD vault was a straight-to-DVD B-grade thriller) is anyone's guess, especially now that Goldman is about to take the helm of this most venerable of money-printing institutions. But we are delighted they have: we are confident with this precedent set, that the New York Fed will promptly grant some US chemistry professor the right to inspect and "document" the hundreds of tons of flood-resistant gold it too holds safely 80 feet underground, it not a member of the German parliament of course. Finally, if anyone can see Bundesbank's gold bars, please raise your hand.

ZH