Gold Gone? Germany baffled as Fed bars access to bullion

http://www.youtube.com/watch?v=NyemAwLD2N0

[QQQQ]

http://www.youtube.com/watch?v=NyemAwLD2N0

[QQQQ]

http://www.youtube.com/watch?v=NyemAwLD2N0

[Oldexpat]

Given all that has gone on in the financial world..would any country rely on the big NY and London banks to keep their gold in their vaults? Maybe a little for trading purposes,but not 95% of it.

[Jim Robinson]

Ooops. Obama & Co. been dipping into the federal till.

[InterceptPoint]

As I recall, I recently read that Germany was going to withdraw their gold from American vaults and ship it back home.

Over a 10 year period or something like that.

More evidence (at least for me) that it will take a long time to get the gold back in those vaults where it’s supposed to be.

[COBOL2Java]

"Relax, Angela! We just took it out to get it washed! Uh, yeah, that's all..."

[sten]

they should DEMAND shipments start immediately.
back a truck up and demand their assests.
don’t leave until the truck is full... then back in another
any country with their assets in those valts should do the same.

why not? we keep hearing how gold isn’t money... so what’s the problem?

meanwhile, this gives an amazing plug for crypto currencies... ie: bitcoin

[Errant]

[Obama_Is_Sabotaging_America]

Little did Germany know, the U.S. is less trustworthy with their gold than they are.

[RetiredTexasVet]

Germany doesn’t want that “paper gold”, they want the real bullion.

[DakotaGator]

This is exactly what FDR did. Take other people’s gold and keep it.

[InterceptPoint]

As noted in the YouTube video, Germany is repatriating their gold over a 10 year timespan.

That makes no sense unless the gold isn’t there anymore and the Germans know it. If it was there they would take immediate delivery.

So - Where is the German gold? I bet even the French would like to know.

[maine yankee]

This will not end well.

The same wil be found true of the silver in private vaults as well.

[SkyPilot]

[Caipirabob]

Fed to Obama: “those white guys in Europe want their gold back!”
Obama: “and?...”

[QQQQ]

I agree with you 100%!

[QQQQ]

There is a better chance to find nazi gold somewhere in the lake than German gold in US. I hope I’m wrong...this will destroy our credibility.

[sun7]

This was already reported on and analyzed back in January:

Gold reserve mysteries

[kitchen]

Germans, being German, very likely have records of the hallmarks and any ID numbers on their bars. Were I them, I'd present a list of, say, 100 specific bars, and require they be produced for examination tomorrow. Otherwise, let the SHTF.

I'd then weigh, determine the volume, and x-ray every bar.

[Darksheare]

Of course it is gone.
It has been gone for years.