If I asked you to keep my money in your safe for a while and you did and then if I asked you to give it back to me some time later, and you declined to do so...what would that be called if not theft? They wanted it back. We said no. They didn’t get their gold. We still have it. You can try to cover that up with whatever excuses you want but I think it’s pretty f***ing clear what happened.
The U.S. is in the process of returning Germany’s gold. And there’s no need to use filthy language when responding to me.
"There are these rumours that either the gold in New York is no longer there or you do not have unrestricted access to it.Why have you not called in auditors or other externals to oversee the transfers in response to such rumours?
"It astounds me that Handelsblatt pays any attention to such absurd rumours. I was in New York myself in June 2012 with the colleagues responsible for managing the gold reserves and saw for myself how our money is stored in the vault there. The Americans have never stonewalled or hindered us in any way. On the contrary, their cooperation has been most constructive in every respect. Our internal audit team was present last year during the on-site removal of gold bars and closely monitored everything. The smelting process is also being monitored by independent experts."
http://www.bundesbank.de/Redaktion/EN/Interviews/2014_02_19_thiele_handelsblatt