Bill Holter is a senior financial advisor at Miles Franklin. At the 3rd minute in this interview he says Australia has asked for an audit on 80.1 tonnes of gold held in the Bank of England.
http://usawatchdog.com/financial-fantasy-land-continues-to-prevent-collapse-bill-holter/ We used to have 167 tonnes of gold but the Howard Govt sold it off without with out tenders and the price crashed before it reached the market.

Germany and many other countries have asked for the return of their gold but the Central Bankers won't release it or just return a small portion. The fears are that the gold has been re-hypothecated and on sold to countries like China. James Rickards says that China has struck a deal with the European Central Bankers to keep the price of gold low if China continues to hold US Treasuries. Russia is now asking for payment of oil and gas in gold. It is also accepting US $ but is immediately buying gold with $ US.

Recently US Congress neutered The Dod Frank Bill and so the US Tax payer is on the hook for $303 trillion of Wall St Derivative Gambling. This is why at the last G20 meeting in Brisbane they finalised "bail in" procedures which allows banks to convert our deposits into bank shares.

The Howard government sold the gold off without tender because in order not to depress the price, the sale was done without prior announcement. And indeed the price didn't crash before reaching the market. I think you might be confusing it with what happened when Britain followed suit shortly after.

And with the diminished income it currently gets from oil, ITYF Russia's buying roubles rather than gold!

Aidan both Russia and China have been aggressively buying gold since 2008. Russia has little debt with much energy and resources. It is the power of money printing + derivatives that manipulates currencies and all our markets,which gives these central banks so much power.

Our Govt dares not cross these central bankers since they can crash our economy far easier than Russia. We now trade directly with China without the expense of the US $ conversion. This was the first break from Central Banker hegemony. We are now questioning the integrity of the Bank of England and rightfully so since to date the financial system has been a litany of lies ,deception and theft never before seen on this planet that continues to go unpunished.

As Bill Holter and many others note, this will be the mother of all collapses because too few have too much power by virtue of being able to create infinite money.

Arjay, Russia may have been buying gold since 2008, but low oil prices have forced it to do the opposite this year. And overseas central banks don't have any significant power over us. Anyone eho tries to use derivatives to push a currency where its not already going will lose a lot of money very quickly.

Our own government are the only ones with the power to crash our economy.

Aidan - Quote " Our own government are the only ones with the power to crash our economy. "

You are totally out of reality if you believe that, the bankers control the economies of nearly all countries through the power of the central banks (which are privately owned not Government owned)

“Who controls the issuance of money controls the government!” -Nathan Meyer Rothschild

“Let me issue and control a nation’s money and I care not who writes the laws.” -Mayer Amschel Rothschild (1744-1812), founder of the House of Rothschild.

ROTHSCHILD OWNED & CONTROLLED BANKS:

Afghanistan: Bank of Afghanistan
Albania: Bank of Albania
Algeria: Bank of Algeria
Argentina: Central Bank of Argentina
Armenia: Central Bank of Armenia
Aruba: Central Bank of Aruba
Australia: Reserve Bank of Australia
Austria: Austrian National Bank
Azerbaijan: Central Bank of Azerbaijan Republic
Bahamas: Central Bank of The Bahamas
Bahrain: Central Bank of Bahrain
Bangladesh: Bangladesh Bank
Barbados: Central Bank of Barbados
Belarus: National Bank of the Republic of Belarus
Belgium: National Bank of Belgium
Belize: Central Bank of Belize
Benin: Central Bank of West African States (BCEAO)
Bermuda: Bermuda Monetary Authority
Bhutan: Royal Monetary Authority of Bhutan
Bolivia: Central Bank of Bolivia
Bosnia: Central Bank of Bosnia and Herzegovina
Botswana: Bank of Botswana
Brazil: Central Bank of Brazil
Bulgaria: Bulgarian National Bank
Burkina Faso: Central Bank of West African States (BCEAO)
Burundi: Bank of the Republic of Burundi
Cambodia: National Bank of Cambodia
Came Roon: Bank of Central African States
Canada: Bank of Canada – Banque du Canada

Continued

Cayman Islands: Cayman Islands Monetary Authority
Central African Republic: Bank of Central African States
Chad: Bank of Central African States
Chile: Central Bank of Chile
China: The People’s Bank of China
Colombia: Bank of the Republic
Comoros: Central Bank of Comoros
Congo: Bank of Central African States
Costa Rica: Central Bank of Costa Rica
Côte d’Ivoire: Central Bank of West African States (BCEAO)
Croatia: Croatian National Bank
Cuba: Central Bank of Cuba
Cyprus: Central Bank of Cyprus
Lesotho: Central Bank of Lesotho
Libya: Central Bank of Libya
Uruguay: Central Bank of Uruguay
Lithuania: Bank of Lithuania
Luxembourg: Central Bank of Luxembourg
Macao: Monetary Authority of Macao
Macedonia: National Bank of the Republic of Macedonia
Madagascar: Central Bank of Madagascar
Malawi: Reserve Bank of Malawi
Malaysia: Central Bank of Malaysia
Mali: Central Bank of West African States (BCEAO)

Czech Republic: Czech National Bank
Denmark: National Bank of Denmark
Dominican Republic: Central Bank of the Dominican Republic
East Caribbean area: Eastern Caribbean Central Bank
Ecuador: Central Bank of Ecuador
Egypt: Central Bank of Egypt
El Salvador: Central Reserve Bank of El Salvador
Equatorial Guinea: Bank of Central African States
Estonia: Bank of Estonia
Ethiopia: National Bank of Ethiopia
European Union: European Central Bank
Fiji: Reserve Bank of Fiji
Finland: Bank of Finland
France: Bank of France
Gabon: Bank of Central African States
The Gambia: Central Bank of The Gambia
Georgia: National Bank of Georgia
Germany: Deutsche Bundesbank
Ghana: Bank of Ghana
Greece: Bank of Greece
Guatemala: Bank of Guatemala
Guinea Bissau: Central Bank of West African States (BCEAO)
Guyana: Bank of Guyana
Haiti: Central Bank of Haiti
Honduras: Central Bank of Honduras
Hong Kong: Hong Kong Monetary Authority
Hungary: Magyar Nemzeti Bank
Iceland: Central Bank of Iceland
India: Reserve Bank of India
Indonesia: Bank Indonesia
Iran: The Central Bank of the Islamic Republic of Iran
Iraq: Central Bank of Iraq
Ireland: Central Bank and Financial Services Authority of Ireland
Israel: Bank of Israel
Italy: Bank of Italy
Jamaica: Bank of Jamaica
Japan: Bank of Japan
Jordan: Central Bank of Jordan
Kazakhstan: National Bank of Kazakhstan

Continued