Tuesday, January 07, 2014

“Monkey Business” Surrounding the Repatriation of Germany’s Gold Stored at the NY Federal Reserve Bank


As you know, Germany has reported that 37.5 tons were delivered last year, which is about 50 tons shy of what was the announced plan last January and was expected to be delivered over the course of 2013. 

Peter Boehringer (Germany’s equivalent of GATA’s Chris Powell here in the States) asked many questions of the Bundesbank, the most central being: Why was this gold “recast” before being returned?

As there has not been an audit of Fort Knox since the 1950′s, nor a bar list made public since this German gold was claimed to have been deposited with the Federal Reserve Bank of New York back in the 1950s, this is a can of worms that has already been opened and any “answer” will only lead to more questions .... http://www.globalresearch.ca