Central Bank Issues Stunning Warning: “If the Entire System Collapses, Gold Will Be Needed to Start Over”

Gold will save the civilization after central banks bring it to the brink

It’s not just “tinfoil blogs” which (for the past 11 years) have been warning that a monetary reset is inevitable and the only viable fallback option once trust and faith in fiat is lost, is a gold standard: central banks are joining the doom parade now too.

An article published by the De Nederlandsche Bank (DNB), or Dutch Central Bank, has shocked many with its claim that “if the system collapses, the gold stock can serve as a basis to build it up again. Gold bolsters confidence in the stability of the central bank’s balance sheet and creates a sense of security.”

While gloomy predictions of a monetary reset are hardly new, they have traditionally been relegated to the fringe of mainstream financial thought — after all, as Mario Draghi stated on several occasions in recent years, the mere contemplation of a “doomsday scenario” is enough to create the self-fulfilling prophecy which materializes it.

As such, it is stunning to see a mainstream financial institution open up about the superior value of limited supply, non-fiat, sound money assets. It is also hypocritical given the diametrically opposed Keynesian practices regularly engaged in by central banks and official institutions worldwide: after all, just a few months back, the IMF published a paper bashing Germany’s adoption of the gold standard in the 1870s as the catalyst for instability in the global monetary system.

Fast forward to today, when the Dutch Central Bank is admitting not only did gold not destabilize the monetary system, but it will be its only savior when everything crashes.

The article, titled “DNB’s Gold Stock” states:

“A bar of gold retains its value, even in times of crisis. This makes it the opposite of “shares, bonds and other securities” all of which have inherent risk and prices can go down.

According to the IMF’s latest data, the DNB holds 615 tons (15,000 bars) of gold mainly in Amsterdam, with other stores in the U.K. and North America; the value of this gold reserve is over €6 billion ($6.62 billion). Calling gold the “trust anchor,” the article details briefly why the hard asset is so important to wealth building and the global economy, claiming: “Gold is… the trust anchor for the financial system. If the whole system collapses, the gold stock provides a collateral to start over. Gold gives confidence in the power of the central bank’s balance sheet.”

Why this sudden admission of what goldbugs have been saying for years? Perhaps it has to do with the fact that on October 7, the bank announced it would soon be moving a large part of its gold reserves to “the new DNB Cash Center at military premises in Zeist.”

Almost as if the Netherlands is preparing for the grand reset, and is moving its most valuable asset to a “military” installation just for that purpose.

As bitcoin.com tongue-in-cheek points out:

“DNB is no stranger to playing along with the Keynesian, inflationary games of the global monetary system. A system which, according to some, is now more a Ponzi scheme based on force and blind faith than sound economic principle. That notwithstanding, the centralized financial powers of the world know the real score, and that’s why hard assets like gold are hoarded and locked down while everyday, individual residents of these geopolitical jurisdictions are encouraged to spend and spend, going further into debt to prop up ultimately unsound national economies.”

It is hardly a coincidence that in its preparation for monetary doomsday, the Dutsch Central Bank is also set to begin cracking down on crypto exchanges and wallets, stating that “firms offering services for the exchange between cryptos and regular money, and crypto wallet providers must register with De Nederlandsche Bank.”

As for the timing of the “great monetary reset”, which other central banks have already quietly hinted at themselves amid massive repatriation of physical gold from the New York Fed to various European central banks such as Germany and Austria, we are confident that the trust-keepers of the current establishment – such as other central banks and the IMF – will be kind enough to provide ample advance notice to the citizens of the “developed” world to exchange their fiat into hard assets. Or, then again, perhaps not.

Source: Zero Hedge

  1. […] Gold will save the civilization after central banks bring it to the brink […]

  2. Jozo Magoc says

    Dear fellows: Jew Yoke City is a local,zionist coopy of that region in Milky Way,where biblical Eve got her ” HAIRY APPLE” to Adam to conceive one goy and one snake jew,murderer…Jew Yoke City is called as ‘ BIG APPLE’, so is the Avalon-Apple mythical island in ” yiddish brotherly” England…
    Lower Manhattan is a female scrotch shaped area,split by Hudson& East river-legs…The demolished Twin Towers
    copied the galactic double- center…And nearby is the Liberty Street 33, with its 5 floors in Underworld, known as ” Federal Gold ( bullions) Reserve”…Genesis 2:8-14 describes this Milky Way heavens/ eden with its Black hole-where all GOLD is…Up to 2033 shall be all gold/ & bullions long gone from there,in jewish black hole-pockets!!

  3. JustPassingThrough says

    Wow, with the nether-landers on board it must be good to own gold.

    Keep on tokin’ dudes.
    RU and CN and a bunch of private folks are way ahead of you.
    I hear some banks in CH have had to reinforce their underground vaults in order to accomodate their customer’s holdings.
    And it’s no secret that the gold smelters in CH have been running 24/7 for years now.
    Who’s next? Canada? lol

    1. DarkEyes says

      IMO. When the Dutch are announcing something big like this, you can be sure they are already into the “next phase”. One of the richest countries at least in the West.

      The entire Dutch economiy, business, trade, avoiding taxes, nearly the biggest taxhaven in the world, their Revenue system with its very experienced leg-pulling system of its citizens to pull “the must have last Eurocent” out of their pockets is phantastic and quite irritating.

      The people of the Netherlands IMO, are going to bed and rise the next morning with Euro signs in their eyes. Everything is “money, money, money”.
      The Dutch Government must be the best taxcollector in the world. The country is terribly rich, their government know but the citizens do not realize this due to the constant pressure on them of taxes to pay with progressive increases.

      The Dutch will be ahead of everybody within EU on its “Climate Change Actions”. They are masters in pulling moneys from its citizens. And they are telling the people a fairy tale where it is for and spend. Carbon Tax? Eu Directive, there you go. Unelected buccaneers in the Netherlands & in Brussels estimate how much everybody (27 memberstates) have to put on the counter.

      1. JustPassingThrough says

        …to say nothing of some of the Amsterdam coffee shops. 👍🏿

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