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Themis
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The Domino Effect – Romania joins Gold Repatriation exodus - Ronan Manly - Bullion Star

The Bank of England, through its arbitrary refusal to repatriate Venezuela's remaining gold, has lost the trust of smaller nations. It has bowed to pressure from larger ones, providinging flimsy excuses for this failure.

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Beginning of the headline :Hot on the heals of Hungary repatriating all of its gold reserves from London last October, moves are now afoot in neighboring Romania to do likewise, via a parliamentary bill submitted by Romanian politicians Liviu Dragnea and Serban Nicolae which specifies that only 5% of gold reserves can be kept abroad. Romania’s strategic gold reserves amount to 103.7 tonnes and are managed by the country’s central bank, the National Bank of Romania (NBR), with over 60 tonnes of the Romanian gold (or about... Read More

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