NY Federal Reserve won't allow Germany to see their own Gold

Discussion in 'Latest US & World News' started by Mario Milano, Nov 7, 2012.

  1. Mario Milano

    Mario Milano New Member Past Donor

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    They let a criminal bunch of Zionazi thieves look after their Gold for them and expect it to still be there? I thought the Germans were a smart people....... Dear Germans, It is long gone just like the gold at Ft Knox!
    _______

    Germany to the Fed: We Demand to See Our Gold! Fed Refuses To Even Let Them See It


    Thursday, November 1st, 2012

    As previously report in Wealth Wire, the German federal auditors’ office has publicly criticized Bundesbank, its central bank, saying they should be more pro-active when it comes to taking control and responsibility for the county’s gold reserves stored in the United States, Britain, and France.

    Now they’re encountering the same thing domestic politicians and citizens in the USA have faced for decades. The Fed is stonewalling the Germans and refusing to let them even see the gold they own.

    Previous and repeated requests were only partially addressed. Bundesbank staff members were allowed to see the facility in 2007, but they reportedly only made it to the anteroom of the German reserves.

    Bundesbank auditors made a second visit in May 2011. This time one of the nine compartments used to store Germany’s gold was opened. Only a few bars were pulled out and weighed, but that was it.

    Even the details of this minuscule inspection were blacked out in a German auditor’s report “out of consideration for the Federal Reserve Bank of New York.”

    So far, the 1,536 metric tons of gold, worth about $93 billion at spot prices, has only been backed up by personal assurances.

    The Fed’s secrecy has warranted increasing suspicion and concern. It is understandable to limit access as much as possible for security reasons.

    However, these are high-ranking officials with $93 billion in deposits. The Fed is merely holding the reserves for the Germans and is refusing to allow them to inspect what they own.

    The Fed’s actions only help validate claims that Germany’s gold is long gone or been lent out and that promissory notes — official “IOUs” — are sitting in the vault. The Fed has vehemently denied the claims but has worked tirelessly to avoid any form of inspection.

    More here: http://www.wealthwire.com/news/metals/4089?r=1
     
  2. custer

    custer New Member

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    We don't have it

    Your move Deutschland
     
  3. Abu Sina

    Abu Sina New Member

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    yes Angela

    what are you going to do about it?
     
  4. custer

    custer New Member

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    Well the Jews control all the good in the world. Maybe Angela can restimulate the German people to rid their country of Jews again.

    After all, doesn't Europe believe America is controlled by Jews?
     
  5. africanhope

    africanhope New Member

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    We found the safest place for our gold, we jut keep in the ground over here!

    haha
    AH
     
  6. Durandal

    Durandal Well-Known Member Donor

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    It's nothing to get overly hyped about. http://m.faz.net/aktuell/wirtschaft...uerfen-goldreserven-nicht-sehen-11934615.html

    It says there, Die CDU-Abgeordneten Philipp Mißfelder und Marco Wanderwitz hatten sich an die Bundesbank gewandt, um die Goldbestände in London und in Paris in Augenschein zu nehmen. Sie erhielten nun von Bundesbank-Vorstand Carl-Ludwig Thiele einen abschlägigen Bescheid: „Leider müssen wir Ihnen nach Rücksprache mit den beiden Notenbanken mitteilen, dass die Bank of England und die Banque de France Besuchern keinen Zutritt zu ihren Tresoren gewähren.“ Die Zentralbanken hätten keine „Sonderbereiche für Besucher“

    That is,
    The CDU representatives Philipp Missfelder and Marco Wanderwitz have appealed to the Bundesbank to get a look at the gold inventory in London and Paris, whereupon they received a negative response from Bundesbank representative Carl-Ludwig Thiele: "Unfortunately, after consulting both central banks, we must inform you that the Bank of England and the Banque de France do not afford visitors any access to their holdings." The central banks reportedly have no "special visitor areas."

    It goes on to talk about how France retrieved its gold from Manhattan by submarine in 1966, but that Germany has an agreement not to touch the gold being held by the Americans for as long as there are American troops stationed in Germany.
     
  7. Ninth

    Ninth New Member

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    That's a good agreement they got going, America keeps their money and keeps bases in their country.
     
  8. mutmekep

    mutmekep New Member

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    US is subsiding the defence of Germany since 1945 and be proud to do so :)
     
  9. skeptic-f

    skeptic-f New Member

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    Leaving out the comments about Zionist thieves, it does seem as if the USA is playing fast and loose with other peoples money. I guess the Germans have to decide whether they want to escalate the situation. If their government was to pass a law calling for the repatriation of the gold reserves the Fed would have to comply or spook all the other depositors, but if things are really that stretched that will cause big problems for the Fed which might show up in the real world.
     
  10. Abu Sina

    Abu Sina New Member

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    :confused:

    Who are they defending them against? Who is Germanys enemy?

    The Germans I hear want to check their gold is real and not been switched for those bars filled with titanium.
     
  11. RP12

    RP12 Well-Known Member

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    Tungsten not titanium.
     
  12. Abu Sina

    Abu Sina New Member

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    whatever

    tungsten titanium tomatoes :mrgreen:

    The Germans should surely be allowed to see their gold
     
  13. RP12

    RP12 Well-Known Member

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    See it? How about have their own (*)(*)(*)(*) gold.
     
  14. Angedras

    Angedras New Member

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  15. Abu Sina

    Abu Sina New Member

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  16. RP12

    RP12 Well-Known Member

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  17. Angedras

    Angedras New Member

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  18. RP12

    RP12 Well-Known Member

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    What they say is more important to me then the behavior during it.
     
  19. Mario Milano

    Mario Milano New Member Past Donor

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    Update on the Criminal US Federal Reserve and it's thievery:

    ______

    German Calls for Gold Repatriation Intensify As Fed Refuses to Allow Inspection

    November 8, 2012

    Calls for Germany to repatriate its 1,536 tons of gold reserves held at the NY Fed are intensifying as Der Spiegel reports the Federal Reserve has refused to allow German inspectors to even view the country’s massive gold reserves “in the interest of security and of the control process“.

    We have stated repeatedly that with repatriation and/or audit requests completed or in progress by Venezuela, Germany, Switzerland, and the Netherlands, The BOE and the Fed suddenly find themselves in a heap of trouble as the situation (and confidence that the Central banks actually still hold the tungsten gold reserves on deposit) is rapidly deteriorating.
    More on the Fed’s non-compliance with German requests to view/inspect their own gold below.

    Der Spiegel reports that nearly half of Germany’s entire gold reserves are still held (supposedly) 5 floors below the NY Fed:

    The Federal Reserve Bank of New York continues to hold 1,536 metric tons of German gold — or nearly half of Berlin’s reserves. This enormous hoard of gold is stored in the fifth subfloor of the bank’s building on Liberty Street, 25 meters (80 feet) below street level, and 15 meters below sea level. According to the bank’s website, the vault rests on the bedrock of Manhattan Island.

    The Fed has reportedly denied German requests to view their own gold reserves, ‘in the interest of security’:

    Tourists are allowed to venture below street level to see the vault. After descending in an elevator, they stand in front of an enormous steel cylinder that pivots like a door in a 140-ton steel-and-concrete frame. But not even the owners are allowed to view their own gold. According to the Federal Audit Office report, the Fed explained that “in the interest of security and of the control process” no “viewings” are possible.


    Of the 9 compartments supposedly storing German gold, German officials were finally allowed to briefly view a few bars from a single compartment in 2011:

    Finally, in 2007, “following numerous enquiries,” Bundesbank staff members were allowed to see the facility, but they reportedly only made it to the anteroom of the German reserves.

    In fact, auditors from the Bundesbank made a second visit in May 2011. This time one of the nine compartments was also opened, in which the German gold bars are densely stacked. A few were pulled out and weighed. But this part of the report has been blacked out — out of consideration for the Federal Reserve Bank of New York.


    Unlike the US financial MSM, the German media is willing to discuss not only the question of whether the Federal Reserve has absconded with Germany’s gold, but also the risk of a collapse of a fully fiat currency:

    The debate over a collapse of strictly paper-based currency is experiencing a renaissance — as is the dispute over the gold reserves. Even Green Party financial expert Gerhard Schick has joined the fray: “I think the question of how much gold is available in an emergency is a valid concern.”


    Not surprisingly, Bundesbank officials are attempting to smooth over German concerns about their gold reserves, with board member Thiele snidely remarking that he took a look inside of one of the vaults at the NY Fed recently, and “There was no paper in there, just gold.“:

    The Bundesbank also objects to this notion for another reason. It says the gold is supposed to act as an emergency buffer. In the extreme situation of a currency collapse, the bankers say that the gold bars could easily and quickly be exchanged on location for pounds or dollars to pay urgent bills.

    In a bid to calm the debate, the Bundesbank has pledged to bring back and inspect 150 tons of gold from abroad over the next three years. Furthermore, there are plans to count and weigh the gold bars stored in one of the nine chambers at the Fed in New York — although no date has been set for this.

    Bundesbank board member Thiele was also recently in New York where he took a look behind one of the vault doors. He had good news for the members of the parliamentary budget committee: “There was no paper in there, just gold.”


    While Bundesbank officials likely understand the reality (much better than German politicians do) that a German repatriation of it’s entire 1,536 tons of gold reserves held at the NY Fed would likely cause a complete Western financial collapse if/when the Fed failed to promptly deliver said gold (tungsten free), confidence in the Fed and the BOE has clearly been shattered, and it is now only a matter of time for an absolute mad run on every last gram of physical metal underneath the NY Fed ensues.

    http://www.silverdoctors.com/german...intensify-as-fed-refuses-to-allow-inspection/
     
  20. Jack Napier

    Jack Napier Banned

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    It says they stored in in Britian as well.

    So, maybe we have sold it.

    Again, what are they going to do?

    I mean, they could declare war on Britain, but that doesn't seem to have panned out for them, every other time.

    They don't even have an army as such, so it would be us v men in short leather trousers.
     
  21. Jack Napier

    Jack Napier Banned

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    Lead has precisely the same density as gold.

    Just sayin'...

    ;)
     
  22. Angedras

    Angedras New Member

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    Yeah jack, but remember Obama is president now, so the U.S. wouldn't be there to bail your goofy asses out this time.

    ahhhhhhhhahaaa
     
  23. Jack Napier

    Jack Napier Banned

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    We don't need you.
     
  24. Angedras

    Angedras New Member

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    LOL


    I am only teasing with you Jack. ;)
     
  25. Jack Napier

    Jack Napier Banned

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    I know.

    What do you think about the lead thogh.

    That + some gold paint?
     

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