THE POSSIBILITY THAT THE EURO AREA IS REORGANIZED THIS EVERY TIME MORE NEAR

In fact today it is debating in Brussels the proposal of the governments of Alexis Tsipras proposed economic reformations that he has gone trying to gauge presenting some drafts previously to which more absurd illogical and outside of the seriousness that the partners of the UE deserve although it is for the simple one made of the associative education I want to remember the most curious that is the one of transforming owners of house tourists and employees publics into agents of the revenue so that they are arrived to the particular accusations it is evident that if this proposes it is because they know that from the housewives to the tourist agents and the officials are themselves those that defraud to the public treasure. 

The year that Greece will cause to the credibility of the UE and the euro will be of gigantic proportions, its posture is to me to understand incompatible with continuing belonging to the euro group and if they hurry me to the same UE. They don't create that I exaggerate Syriza the new party that sustains the Greek government it is a party that their idea from the beginning is the one of escaping from the financial and economic rigidity of the UE this is that clear because he knows that Greece cannot continue existing and social peace with the restrictions and adjustments of all type that it imposes him the economy euro, and he knows and we know all that it is not its blame the situation with which they are. 

For that reason I believe that they have the reason when wanting to take out Greece of the bog in that is, but of this reason it cannot come off that they try to deceive us to all the other members of the UE and of the euro area with idiots devise positions almost outside of the civil law and for I finish attempting in all moment the blackmail to the purest mafioso form, Greece should be nobler with her its history and with Europe, this has always written it, the problems of a country the one that is the best thing is to outline them openly and to request help I have said it of Spain with the unemployment and with the debt things both that we will never be able to solve for ourselves and if you don't want the help what is not honored it is to blackmail or to try to strain documental falsehoods manufactured by financial engineers. 

The truth is that the tip of the iceberg today is already a while ago Greece but all Europe that he knows that neither the UE neither the euro are sure of being possible to maintain. First it was Germany. Then Holland, Belgium and France, lately Austria was also added to the countries of all Europe that demanded the last year that its reservations of gold, often stored abroad, return home. At first sight it is strange. After all, the gold has stopped to have an important paper in the financial system and after two years of bear market, not even voucher that that before. It costs to justify the logistical or diplomat of bringing it to house. 

Then that it happens why the gold is repatriating, is it clear, and is a reflection of the growing uneasiness regarding the Euro. The crisis of the euro has left repairing during these last two years but the austerity and the recession they are passing invoice. To have the gold inside the frontiers is a policy of sure against a chaotic return to the national foreign currencies. The fact that so many countries want that guarantee he tells us something important of the euro... and not precisely soothing. In spite of all the guarantees of the BCE and of Germany it is thought that their sinking is possible. 

Austria has been the last country in speaking of recovering its gold. He has 280 tons of the valuable metal, 80% in London and other 3% in Switzerland. Some months ago it was known that the Austrian Tribunal of Bills requested a revision of the possibility of transferring an important part to Vienna, where supposedly the central bank will be able to watch over him closely. It is a growing tendency. In Germany, an important public campaign and of press it takes years demanding that the gold is returned from the country to German floor. Of their enormous stock of 3.400 tons, great part is in United States, London and Paris, although now he has remembered that most will be returned to the control of the Bundesbank. 

In Holland, the pressure is similar. Some months ago the central bank (Of Nederlandsche Bank) he had begun to bring part silently from their 600 tons of turn reservations to Ámsterdam. 51% is at the moment in the Federal Reservation of New York but he will decrease to 31% and it leaves it will continue in Canada and the United Kingdom. Soon after, the governor of the Belgian central bank, Luc Coene, said in an interview in television that the repatriation of its reservations of gold (in its majority in London, Canada and Switzerland) he was studying. 

Other bigger countries could be added to the tendency. The reservations of France are among those bigger than the world, with 2.435 tons. Last month, the leader of the populist National Front, Pen Marinate Him, he requested in a letter open to the Bank of France that all the French gold returns to Paris. Also, it urged to the bank to take advantage of the fall of the price and to buy more metal. Italy has not still united but with 2.451 tons, its reservations are the fourth of the world and a report of week principles suggested that the half could be in New York. Although none of the Italian politics’ agitators has still demanded their transfer to Rome, it is single question of time that this happens. By the way Spain occupies the twentieth world position with 281,6 tons  

The reservations of gold of Germany and Austria have been abroad almost all for their position in first line in the time of the I Guerra he Fries. If the tanks of the red army had advanced toward occident, he made sense that the gold was very far from the front, nevertheless today before the II Guerra he Fries, it seems that they don't worry about. Apart from that, there is something very curious. It cannot be coincidence that so many countries of the euro area suddenly worry so much by where their gold is stored while in Great Britain, USA or Japan anybody cares it. The reason doesn't cost to discover it. People are more and more nervous for her money and in those circumstances she is renewed the interest for the beautiful metals. 

There are not many circumstances in those that to maintain a great load of gold in own territory is important, but one of them is a sudden and chaotic reorganization of the currency. If a country introduces a new currency suddenly and it can support it from the beginning with gold, he would have instantaneous credibility in the markets. To repatriate the gold only makes sense for the case that that happens. Of course, it is a lot for that. But it is also certain that the big multinationals and the central banks are scheming a secret plan of abandoning the unique and the more prepared currency you is, more probable it is that it happens. The main threat to half term for the euro is not economic but politics. If nobody trusts him, he won't survive and the repatriation of the gold is an indicator more than that the distrust is growing.