Wednesday, February 4, 2015

Belgium is planning to retrieve 200 metric tons of gold


Gold ingots

Belgium  Reportedly Plans to Retrieve 200 Tons of Gold From UK Storages

© Sputnik/ Oleg Lastochkin
EUROPE
(updated 23:11 04.02.2015)
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Belgium is planning to retrieve 200 metric tons of gold, deposited to United Kingdom storage in the 1930s, out of fear of Nazi theft.
MOSCOW, February 4 (Sputnik) — Belgium is planning to retrieve 
200 metric tons of gold, deposited to United Kingdom storage in
 the 1930s, Belgian public broadcasting organization RTBF said 
Wednesday.
The date of the retrieval operation is kept secret for security reasons, according to RTBF. A ship with 50 soldiers and a helicopter will escort the ingots to Belgium.
The gold, estimated at $7 billion, is stored at a depth of over 65 feet in a repository with 3-feet thick walls. The password-protected storage can be opened only with an almost 3-inch key, of which there are no copies.
The ingots were deposited to the UK, a country with the most 
secure storage in the world, out of fear of Nazi theft. The UK also 
stores French and the United States gold.
Belgium pays over $280,000 in rent for the storage every year.

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