Precious Metal Abroad: Why Germany Wants to See its US Gold

[sysop]

For decades, almost half of Germany's gold has been stored deep below the Federal Reserve Bank of New York. Now, with the euro crisis swirling, German politicians are asking their central bankers to take stock of the reserves. Some even say that the gold should be shipped home.

http://www.spiegel.de/international/...-a-864068.html

[Ulrich Berger]

I never heard from Mr. Thiele before.
But since he is a Bundesbank-Banker I count him to the very few honest and honourable bankers, especially because of
Mr. Weidmann and his predecessors.
This is very different from my opinion concerning the Fed-Bankers - look only at their behavior when the owners want to see their gold (once in 10 or 20 years!) - and the owners are even paying nice storagefees.
Why someone would trust these bankers is beyond me!
They are just lousy politicians with some knowledge in economics.
Why, Mr. Thiele, do you put yourself and your german colleagues on one level with them by calling them
"highly respected central bankers"?

[FreeOregon]

Physical Gold in one's personal possession is money, the ultimate form of money because it carries neither third party risk nor debt. Germany faces third party risk as long as the gold is held outside Germany.

In 1945 Germany was a conquered nation. Of course the German gold, being the ultimate form of money, was held outside of Germany by the victorious "Allies." Germany still would be an agricultural nation had the US not needed the threat of a German Wehrmacht, neatly circumscribed within NATO, to contain the USSR.

Isn't it time to restore Germany's sovereignty?

Even Americans no longer trust their Government and the Federal Reserve. Is there any reason for Germans to be more trusting of the US, the UK, France and their central banks than are the citizens of those countries?

Just simple arithmetic adding up sales and subtracting supply of physical gold since the year 2,000 shows that most of the central bank gold, including the German gold purportedly held in New York, has been sold or leased, without disclosure. Oh, and if Germany audits be sure to assay as well. There are lots of gold plated tungsten bar counterfeits in circulation now.

Even China, a land of ancient wisdom recently readmitted to the council of sometimes civilized nations, keeps its gold in China.

Ultimately the proper place for Germany's gold is in the possession of the German people, not the German Government or the Bundesbank. But how to create a market currency free from government control and interference is another story for another day.

Ive heard all kinds of conspiracies about the Federal Reserve in New York, and this sort of confirms some of it, that foreigners, especially in England and Northern Europe, own all the stocks in the Federal Reserve. It is not a true National Bank, but a private enterprise connected to the Bank of England, and that we are ripped off continually by this fraud that came into existence from a secret meeting some years ago on Jekyll Island, Georgia. You are welcome to take it back!

[mae]

Originally Posted by FreeOregon

In 1945 Germany was a conquered nation. Of course the German gold, being the ultimate form of money, was held outside of Germany by the victorious "Allies." Germany still would be an agricultural nation had the US not needed the threat of a German Wehrmacht, neatly circumscribed within NATO, to contain the USSR.

Didn't you read the article?

It is not Germany's pre-war gold reserves that are held in New York.

After the war when the USA had a gold stardared for the dollar in order to maintain a stable world currency for the benefit of all countries, Germany opportunistically used that to exchange its surplus US dollars for gold once it's economy recovered during the 1960's.

And Germany chose to keep it held in New York.

Thank God the USA gave up the gold stardared or Germany would have bled the USA dry of all its gold reserves by exchanging its surplus US dollars for gold.



PS: As for the re-arming of Germany after WW2. Who would have suffered under a communist dictatorship like east Germany if the USA had decided not to confront Soviet communist totalitarian system? West Germans, not Americans. There were no Soviet troops in North America.

Originally Posted by mae

PS: As for the re-arming of Germany after WW2. Who would have suffered under a communist dictatorship like east Germany if the USA had decided not to confront Soviet communist totalitarian system? West Germans, not Americans. There were no Soviet troops in North America.

What is so bad about communist East Germany? I advise you to watch the film "Goodbye Lenin", if you haven't seen it. In that you can see how silly the west is, and how East Germany was "normal" in many ways. I doubt seriously that east Germany was any worse than the USA under the Republicans. They had pickles and all kinds of treats to eat there.

http://www.youtube.com/watch?v=scsrV9sq27I

The CC button makes English subtitles.

[spam@9t9s.com]

September 11, 2001 was a big day in South Manhattan. There was allot of metal moved during the months following that event.

There was also armored cars, military lockdown and full access to the gold vaults. It would have been a most opportune moment to empty the Fed vaults of all the gold, unnoticed.

911 was planned by a think tank. It is not a plan which popped up over night. It was developed over a dozen years or more, refining every detail until the last second of execution. Just like an onion, it has many layers, many goals and activities were performed as a result of a relatively small series of events.

That is a primary reason why nobody has unentangled it, there are so many intricacies.

For example, Building 7 (Solomon Brothers Building) had vast vaults of records for financial institutions and Federal Government agencies which were destroyed that day. Not only did 67 story WTC 7 fall for no apparent official reason, but the motive behind that collapse is rarely examined.

High probability there is little or no gold in the Fed vaults today.

[powermeerkat]

DS: "German politicians are asking their central bankers to take stock of the reserves. Some even say that the gold should be shipped home."
++++



That would be fine except some of us remember what happened when Russian soldiers laid ther paws on your treasures.

[and they may well pay you another visit]

[forscha]

Originally Posted by retarded-freak

What is so bad about communist East Germany? I advise you to watch the film "Goodbye Lenin", if you haven't seen it. In that you can see how silly the west is, and how East Germany was "normal" in many ways. I doubt seriously that east Germany was any worse than the USA under the Republicans. They had pickles and all kinds of treats to eat there.

http://www.youtube.com/watch?v=scsrV9sq27I

The CC button makes English subtitles.

Are you kidding? Maybe instead of getting your info from a film you should have gone to east Germany after tha fall of the wall as I did. Lets's compare, VW vs. Trabant, a production system where workers sat and smoked after 10AM because the system could not supply raw material, an autobahn that had not been improved since 1935, houses used as refuse dumps, fire damage on the side of hoses and bridges from the 1944 fire bombings,people that were afraid to make eye contact. If it was so "normal" why did they need a wall to keep their citizens in? And they were more productive by a factor of ten than the rest of the soviet block. So before you say anything as stupid as you did based on a movie, talk to some of the people that lived there! Dresden, the center of some of the finest glass manufacturing before the war could not even produce window panes that you could see through.

[beijingyank]

Free fall of Building 7, nano thermite in the 911 dust, the government's lie "the air is safe to breath and the water is safe to drink" spells one thing. The American government has been captured by a mafia of mass murdering, war criminals. Demand the gold today Germany! No if's, but's, or maybe's.