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Germany to repatriate & audit 150 tones of gold reserves from ny fed!!!
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<p>[QUOTE="chrisild, post: 1560597, member: 39"]I remember his oh-so-exciting revelation about three years ago. Even Krause's Numismaster published a story about that, written by Patrick A. Heller in August 2009. Heller expected an "outcry" in Germany, as he wrote. What, just because a few people in the US cannot get their facts straight? <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /> </p><p><br /></p><p>It has been known for many years that the Bundesbank stores its gold at various locations. In 2004, for example - more than five years before Keiser and Heller "revealed" what they believed was not known - there was a debate in Germany about selling a considerable part of the gold. (Did ultimately not happen by the way.) Pretty much every article about this mentioned that much or most of the gold was in New York. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" /> The precise figures have, for "security reasons", not been public until now*. That may have been a mistake which fueled some rumors.</p><p><br /></p><p>(* About 45% of the gold is in New York/Fed, 13% in London/BoE, 11% in Paris/BdF. The rest, about 31%, is in Germany.)</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>
[QUOTE="chrisild, post: 1560597, member: 39"]I remember his oh-so-exciting revelation about three years ago. Even Krause's Numismaster published a story about that, written by Patrick A. Heller in August 2009. Heller expected an "outcry" in Germany, as he wrote. What, just because a few people in the US cannot get their facts straight? ;) It has been known for many years that the Bundesbank stores its gold at various locations. In 2004, for example - more than five years before Keiser and Heller "revealed" what they believed was not known - there was a debate in Germany about selling a considerable part of the gold. (Did ultimately not happen by the way.) Pretty much every article about this mentioned that much or most of the gold was in New York. :rolleyes: The precise figures have, for "security reasons", not been public until now*. That may have been a mistake which fueled some rumors. (* About 45% of the gold is in New York/Fed, 13% in London/BoE, 11% in Paris/BdF. The rest, about 31%, is in Germany.) Christian[/QUOTE]
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Germany to repatriate & audit 150 tones of gold reserves from ny fed!!!
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