Dutch central bank: ‘If the entire system collapses, gold will be needed to start over’

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ZeroHedge/Tyler Durden/10-14-2019

“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.’”

USAGOLD note:  Though the public statement from DNB is somewhat surprising, it is no secret why most central banks hold gold in reserve. DNB states the case for gold well. . . . . .