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Germany Announces Its Intentions To Repatriate All Its Gold From The New York Federal Reserve

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SilverDoctors.com

‘In perhaps the biggest story in gold since Hugo Chavez sent shockwaves throughout the gold market in mid 2011 (and propelled gold up $300 to a record $1915), the German Constitutional Court has ruled that the Bundesbank must conduct an audit on German Central Bank gold holdings, and in anticipation, has begun the repatriation of German gold from the NY Fed. The Bundesbank will request the NY Fed ship 50 tones of German gold back to the motherland a year for the next 3 years!

It appears de Germans are about to receive a crash course in the lesson He who owns the gold makes the rules (aka possession is 999/1000ths of the law).

Assuming that the NY Fed does decide to comply with the Bundesbank’s request to keep up appearances for the other central banks, we wish the cartel luck in finding 150 tons of TUNGSTEN FREE PHYZZ over the next 3 years as the Bundesbank reportedly will PHYSICALLY VERIFY THE GOLD.’

Read More:  Germany Announces Its Intentions To Repatriate All Its Gold From The New York Federal Reserve

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    Total 10 comments
    • Anonymous

      Don’t know where you got this from, but the news source is “Der Spiegel” and it says NOTHING about physically moving the gold, but send independent auditors to verify weight and quality. Check the original source translated:
      http://translate.google.com.br/translate?hl=pt-BR&sl=de&tl=en&u=http%3A%2F%2Fwww.spiegel.de%2Fwirtschaft%2Fsoziales%2Frechnungshof-fordert-bundesbank-zur-inventur-der-goldreserven-auf-a-862719.html

    • Reaper

      Don’t they know the gold disappeared during 9-11…? As in–it was never there in the first place….

    • MoneyMike

      This is interesting timing considering the purported attempted attack on the NY Fed last week.

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    • Ozzie_Thinker

      This is interesting. Either this is yet another of these OBN-NWO ploys to “verify” phantom Fed Reserve gold, or USA is gonna go down the gurgler gauging the treatment dished out to Greece by the “Gestapo”.

      Heil Hitler lol

    • Anonymous

      You can have this latest action by some politicians undermining the confidence in the world banking system. After all it is, commercial in confidence!
      If you can’t trust a banker, whom will you trust?

    • Anonymous

      If the USA actually has any physical gold ….

    • Intelharvest

      Yes it did. “The Bundesbank will request the NY Fed ship 50 tones of German gold back to the motherland a year for the next 3 years!”
      That says they will have to physically move gold to Germany. IF they go through with it, I’ll be surprised.

    • Old Harry

      Now that you made that clear – how does this affect the economy?

    • Decode the World

      Don’t worry, at 50 tons per year, it’ll only take 80 years to ship the 4,000 tons of gold Germany is “storing” in the hands of the Americans, French and British.

    • Anonymous

      Depends on whose economy you are talking about,and who you are working for.Also depends on what you are invested in if you are referring to the economy in your particular household.Someone who can collect an ounce of gold wandering around the Arizona desert may find himself to be the top moneymaker in town,when before he just paid his rent. :wink:

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