http://bit.ly/1p0XTcU
When Germany heard it would take 8 years to get their very own gold back, they got extremely concerned and requested to look at their gold in the U.S. vault. Their request was refused. This occurred in 2013.
Only a tiny 5 tonnes of gold out of 674 owed were sent from the NY Fed between 2012 and now.
The first shipment of gold to Germany was not even their gold
as they had given the U.S. to safeguard after WWII.
Instead, they received strangely melted down bars,
that were obviously not theirs.
Where’s The Gold?
Germany was rightly displeased, to say the least. They probably thought they would never get all their gold back, and that may very well be the case. The difficulty in repatriating this gold was not in transporting that much gold, but points to the suspicion that the central banks could not deliver gold because it was leased out to the market.
Go to the link at the top and read the whole thing...
When Germany heard it would take 8 years to get their very own gold back, they got extremely concerned and requested to look at their gold in the U.S. vault. Their request was refused. This occurred in 2013.
Only a tiny 5 tonnes of gold out of 674 owed were sent from the NY Fed between 2012 and now.
The first shipment of gold to Germany was not even their gold
as they had given the U.S. to safeguard after WWII.
Instead, they received strangely melted down bars,
that were obviously not theirs.
Where’s The Gold?
Germany was rightly displeased, to say the least. They probably thought they would never get all their gold back, and that may very well be the case. The difficulty in repatriating this gold was not in transporting that much gold, but points to the suspicion that the central banks could not deliver gold because it was leased out to the market.
Go to the link at the top and read the whole thing...
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