Dave in Denver writes: "The scramble behind the scenes for taking delivery is going on and it's a real threat to the banking and political elitists. It was easy for Hugo Chavez to repatriate Venezuela's 200 tonnes from NYC and London. And don't lose sight of the fact that China takes delivery of all of the gold it buys into a shiny new warehouse depository in Hong Kong. But it will be interesting to see what happens if Switzerland and/or Germany make a serious move to repatriate because then you're talking about thousands of tonnes that may have already been leased out and sitting in vaults in Hong Kong, India and other depositories not controlled by the Fed, Bank of England or the big bullion banks (JPM, HSBC, Scotia, Barclays, Deutsche Bank, UBS). I wouldn't be surprised if there's a lot of lobbying going on behind the scenes to try and quash the incipient movements for this going on the German and Swiss legislatures because if either Germany or Switzerland wants its gold and can't get it, things could get really ugly."