The world is losing trust in the dollar as a safe haven. A major blow came after Germany's Bundesbank demanded the repatriation of a big chunk of its gold being held in the US.
Because as RT's Gayane Chichakyan reports, some are concerned the assets of foreign nations in the Federal Reserve are not secure or even there.
The Germans were infuriated when the US Federal reserve didn't even let them examine their own assets properly. Peter Boehringer, the founder and chairman of 'German Precious Metal Association', says that's a bad sign.
"Pay extra attention to the Fed scam detailed starting at 2:10, in which during WW2 the Fed convinced Asian and African nations to store their gold in New York in exchange for Federal Reserve gold certificates, but when those nations tried to trade those certificates back to the Federal Reserve to recover their gold, the Federal Reserve claimed their own gold certificates were fakes, and kept the gold.
