Just saw this. From Jim Grant on Gold. Passing it on
“The [Dutch central bank] is exploring a revaluation of its large gold reserves as a ‘solvency backstop.’ If the Dutch are having to do this, we can be sure that weaker central banks in the ECB network are in worse shape. It is likely that gold reserves will have to be mobilized in several states to boost equity capital. The barbarous relic may get its revenge on fiat paper.”
Much more at bottom