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Germany's central bank in 2013 was forced by those rumors to re-patriate a lot of gold formerly held in Paris and by the Federal Reserve in New York. So called
by iSnow 3y ago
Germany's central bank in 2013 was forced by those rumors to re-patriate a lot of gold formerly held in Paris and by the Federal Reserve in New York. So called conservatives seeded stories that the Fed had emptied the vaults and only paper remained. Of course that was all hogwash and the stuff has now partly been transferred to Frankfurt.
https://www.bundesbank.de/en/tasks/topics/bundesbank-completes-transfer-of-gold-from-new-york-647150 https://www.bundesbank.de/en/tasks/topics/bundesbank-complet...
- caminante 3y agoSkimming/embezzlement happens at reserves. The Fed wouldn't even let Germany view its bars. And a partial transfer isn't a 100% verification. I like to trust people and politicians can waste resources, but that situation was weird.