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The German Central Bank Wants Half of Its Gold Back.

Written by Gary North on February 1, 2013

The German central bankers have been pressured by politicians to demand that half of the nation’s gold be sent back to the German central bank.

Senior officials at the Federal Reserve persuaded the Germans to get their gold back over seven years.

Does this sound as though the New York FED has assigned Germany’s gold to other nations? Yes.

Does this sound as though the New York FED has used fractional reserve banking, issuing more receipts for gold than it has gold in its vaults? Yes.

Does this sound as though German central bankers are in on the deal? Yes.

Does this sound like a decision forced on them by politics? Yes.

Does this sound as though there could be a run on the FED’s gold? Yes.

Would this cause a huge run-up in the price of gold? Yes.

Will voters in many nations throw out the politicians who allowed the New York FED to store the nation’s gold if the gold is not there? Yes.

Do politicians want to get re-elected? Yes.

Does this mean that the central bankers’ gold run on the New York FED has finally begun, after 60 years? I hope so.

Audit the FED! Why? Because the FED does not want a full audit of the gold stored in Fort Knox and the New York FED.

Trust, but verify.

No. Scratch that. Distrust and verify.

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12 thoughts on “The German Central Bank Wants Half of Its Gold Back.

  1. Chris Quackenbush says:

    Our economic house of cards is folding. It's just a matter of time.
    Thomas Jefferson said in 1802:
    'I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered..'

  2. When Germany told France and the US it wanted its gold back, the US said it would be 7 years before the US could comply. France said it would be at least 2 years before they could give Germany backs its gold. Then the US and France invade Mali, 3rd largest gold producer on the African continent. It doesn't get more obvious than that that Germany's gold deposits has been stolen by both countries. But since Angela Merkel is Jewish, she probably doesn't care that Germany has had its gold stolen. She's probably thinking "Serves the krauts right".

    • How nice of them to sit on their thrones telling the rest of us how to live. No wonder politicians hold onto power for as long as they can. Don't expect anything to change with these people until we make them accountable.

    • ARE YOU SURE ANGELA IS JEWISH?
      WERE CAN I FIND THAT INFO?
      THANKS

    • ken1lutheran says:

      Merkel isn't Jewish. She's the daughter of a Lutheran pastor and is a Lutheran herself. Just because most Jews have German surnames doesn't mean that the German surnames that Jews often have are Jewish names.

  3. Sure can't blame them for wanting their gold returned. Irresponsible governments around the globe are printing their fiat currencies into worthlessness.

  4. Michael4yah says:

    I dont think we have 7 years.

  5. It's Time to prepare for that knock at the door, by some kind of govt. representative looking for any and all gold held by every American citizen to donate to the federal reserve. It is the American citizenry and every one of their possessions that is the collateral for all the spending on the part of the federal reserve. The flock will soon be fleeced.

  6. timeforjustice says:

    The common populace of the world won'r even have a pot to pi$$ in when it's all said and done.

  7. David in MA says:

    Golly Gee, ya suppose Ron Paul is on to something when he says AUDIT THE FED?

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