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climont
Member since August 2012
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Why the Bundesbank is (slowly) repatriating (some of) its gold

- Bron Suchecki - Perth Mint

You have to know that since 1945 , germans have no more balls . You can have german visitors of the Bundesbank in the gold vaults of the Fed , and you only open "1 gold compartment of the 9" , and these stupid germans won't ask for the remaining 8 other . . . . this is INCREDIBLE !!! But it is TRUE . . . Poor german , how naive and childish they are . . .

Commented 3916 days ago

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Beginning of the headline :I'll take it as given that my readers are aware of the German gold repatriation, which was driven by the release in October 2012 of a report by the Federal Audit Office that contained criticism of the way the Bundesbank managed its overseas gold reserves. The goldbug spin on this is that it shows that Germany doesn't trust the US or the Fed. I agree with Jim Rickards, as paraphrased by GATA, "that Germany's Bundesbank really doesn't want any of its gold returned from the Federal Reserve Bank of... Read More

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