Austria Confirms Faith In Fiat Fading: Repatriates 110 Tons Of Gold From BOE

• Austria Confirms Faith In Fiat Fading: Repatriates 110 Tons Of Gold From BOE
  by Tyler Durden, www.zerohedge.com  
  Six months ago we warned that Austria was considering it, and now, as Kronen-Zeitung reports, with no rigged Swiss-like referendum required, Austrian Central Bank Governor, and the person many claim is in Mario Draghi’s inner circle of trust (soon to be revised) Edwald Nowotny has committed to repatriating 110 tonnes of gold. This is part of Nowotny’s new “gold strategy” and with his position (on paper) as one of Draghi’s foremost lieutenants, appears to be a big stab in the back for super money printing Mario. 
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  While gold withdrawals from the NY Fed have been incessant over the past year… 
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  … this time it appears the Bank of England faces the trust-fall as 80% of Vienna’s gold is held there.
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  read more.

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