Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Germany to repatriate & audit 150 tones of gold reserves from ny fed!!!
>
Reply to Thread
Message:
<p>[QUOTE="chrisild, post: 1559026, member: 39"]Umm, it is not the job of the Bundesrechnungshof (Federal Audit Office) to "order" anything like that. But yes, the Bundesbank and the Rechnungshof have different opinions on whether the central bank's gold - currently stored in Frankfurt, London, Paris and New York - should be scrutinized. The Bundesbank basically says that it trusts the other central banks involved, the Audit Office demands regular checks.</p><p><br /></p><p>Part of why this comes up now is that Philipp Mißfelder (CDU, ie. Merkel's party) visited the gold storage place in the US a few months ago, and later wanted to do that in the UK and France too. Well, the Bundesbank said No, and I assume he is not exactly happy with that - then again I did not know that we have a German "Visit the Gold" program. Can I sign up too? <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p><br /></p><p>So it may make sense to check, on a more or less regular basis, whether the gold reserves are there. Whether they will all be moved to Germany one day - hard to imagine now. May also depend on the storage cost ...</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>
[QUOTE="chrisild, post: 1559026, member: 39"]Umm, it is not the job of the Bundesrechnungshof (Federal Audit Office) to "order" anything like that. But yes, the Bundesbank and the Rechnungshof have different opinions on whether the central bank's gold - currently stored in Frankfurt, London, Paris and New York - should be scrutinized. The Bundesbank basically says that it trusts the other central banks involved, the Audit Office demands regular checks. Part of why this comes up now is that Philipp Mißfelder (CDU, ie. Merkel's party) visited the gold storage place in the US a few months ago, and later wanted to do that in the UK and France too. Well, the Bundesbank said No, and I assume he is not exactly happy with that - then again I did not know that we have a German "Visit the Gold" program. Can I sign up too? ;) So it may make sense to check, on a more or less regular basis, whether the gold reserves are there. Whether they will all be moved to Germany one day - hard to imagine now. May also depend on the storage cost ... Christian[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Germany to repatriate & audit 150 tones of gold reserves from ny fed!!!
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...