Good! Salvini Proposes Seizing Control Of Italy's Gold Reserves From Central Bank

Oliver Lee
Oliver Lee

RELATED! Italian PM Calls For Central Bankers To Be Arrested For Fraud: archive.fo/yTyNJ

Italy's populist de facto leader Matteo Salvini seems set on shaking Europe's financial establishment to the core.

One day after the Italian deputy prime minister and leader of the League party, called for the elimination of Italy's central bank and the country's financial regulator, Consob, saying the two institutions should be "reduced to zero, more than changing one or two people, reduced to zero", or in other words eliminated, and that “fraudsters” who inflicted losses on Italian savers should "end up in prison for a long time", Salvini prompted fresh shocked gasps in Brussels and Frankfurt when he raised the possibility of seizing Italy’s massive gold reserves away from the country’s central bank.

"The gold is the property of the Italian people, not of anyone else," Salvini said in comments to reporters on Monday, according to the FT.

The controversial comments, which were seen as threatening the "independence" of the Italian central bank, whose one-time head was none other than Mario Draghi, prompted Giovanni Tria, Italy's economy minister, to defend the independence of the central bank.

Earlier in the day, Italy's populists called on lawmakers to pass legislation stating that its gold holdings belong to the state, Bloomberg reported.

The gold ownership bill presented by euroskeptic lawmaker Claudio Borghi of the League adds to an already tense relationship between the Bank of Italy and the coalition government. It’s also sparked criticism from opposition politicians, and some national media argue that it may allow the government to raid the gold reserves to fund spending promises.

Borghi has rejected the accusation and said he’ll ensure Parliament has ultimate power. His concern is that ambiguity of ownership means that a victorious legal action against the central bank – for inadequate supervision, for example – leaves open the possibility of a claimant getting compensation in gold.

“My bill only aims at making clear that the gold belongs to the state, not to the government,” he said in a telephone interview on Monday. “If there are doubts on our intentions, we can also pass another law saying none of the gold reserves can be sold unless there is a majority of two thirds or more of both houses of Parliament.”

archive.fo/sNP0i
zerohedge.com/news/2019-02-11/salvini-suggests-seizing-control-italys-gold-reserves-central-bank

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Jacob Cox
Jacob Cox

Please Italy, arrest these con men!

Help save the world, starting with your nation first!

Xavier Walker
Xavier Walker

If this ever happened, it would be a global reckoning and Earth shattering moment, and it would scare the living piss out of these (((globalists))) mafias that pull the strings.

I can here it now, "oy vey! oy vey! bad goyim! y-you cannot do this y-you f-f-fascists!"

Daniel Lopez
Daniel Lopez

well

Hunter Sanchez
Hunter Sanchez

They really do their very best to derail and slide threads like this.

Hudson Hall
Hudson Hall

Best thing that could happen in a long time.

Oliver Brooks
Oliver Brooks

NEWS BUMP.

Ethan Howard
Ethan Howard

Figures. It takes a nationalist to do what the commies and socialists always promise to do but never end up doing.

Zachary Fisher
Zachary Fisher

This would be GREAT!

Kayden Lee
Kayden Lee

No doubt not allowed to talk about this issue either here, I see.

Austin Foster
Austin Foster

It is VERY ironic that commies often complain about "muh evil capitalism" yet never address the real source of the problem: the monopoly men who create fraudulent debt obligations and insolvency. The central banks are the ones that can consolidate all the wealth with their control over the issuance of fiat currencies. And guess what? Everything they do is kept a secret. Well no shit!

Jordan Ramirez
Jordan Ramirez

They fear this thread, you can sense it!

Brandon Rivera
Brandon Rivera

This would be the greatest thing to witness in modern history.

Xavier Bennett
Xavier Bennett

bump

Adam Powell
Adam Powell

Italians, get the fuck out of your houses and protect that guy. It's time to build a fucking army.

Kevin Clark
Kevin Clark

The good thing about the Italian government this time around is they have TWO populist parties holding power now, and all the commies/'socialists' were BTFO last election, holding very little influence. This means this is a REAL threat to the political establishment. Lets just hope they do stick it to them because this would rock the EU in more ways than one.

Connor Sanchez
Connor Sanchez

I just think commies don't realize that they are controlled by these same monopoly men. I'll never forget how the Occupy movement talked about the evil banks but were always defensive of the central bank (because they like central solutions).

Leo Gonzalez
Leo Gonzalez

I think the main reason is that their policies might actually require some central banking policies and practices, such as creating mass amounts of debt, and they need a strong government to pass that onto taxpayers (the workers). You can't enforce a lot of their socialistic/communistic policies without some entity creating mass amounts of debt insolvency.

Also, this is technically why a lot of capitalists (as myself) do NOT like the central banking system, because we know it interferes with basic economics and can undermine the free market and creates such fiscal insolvency in the first place. The Fed is not really capitalism's friend like people are deluded to believe today.

William Gutierrez
William Gutierrez

another

Landon Allen
Landon Allen

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Owen Myers
Owen Myers

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Cooper Walker
Cooper Walker

dae f

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Joshua Lee
Joshua Lee

3 31

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Ayden Richardson
Ayden Richardson

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Austin Bennett
Austin Bennett

real

Evan Cox
Evan Cox

dx

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Austin Smith
Austin Smith

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Jason Harris
Jason Harris

332

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Xavier Reyes
Xavier Reyes

r44

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Connor Morris
Connor Morris

ws sa

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Adrian Stewart
Adrian Stewart

bd

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Charles Lewis
Charles Lewis

dds3 3 3

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Xavier Hernandez
Xavier Hernandez

c

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David Miller
David Miller

this would be great to see

Gavin Watson
Gavin Watson

I pray to see this actually happen some day.

Julian Moore
Julian Moore

SLID, EVERY TIME.

Brayden Butler
Brayden Butler

bump

Leo Allen
Leo Allen

OY VEY ANTISEMITISM

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