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Is Germany Missing a lot of Gold?

Discussion in 'Latest US & World News' started by JIMV, Oct 25, 2012.

  1. JIMV

    JIMV Well-Known Member Past Donor

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    I am not sure I understand this issue but it is interesting...

    http://www.telegraph.co.uk/finance/...hed-London-gold-holdings-in-mystery-move.html

    For me the interesting bit is the fungibility of the gold in question. Apparently it was mix and match in the UK...Does Germany actually have all the gold they think they have? If not what would a serious decrease in their reserves do to their international economic position and then what about the EU?
     
    JIMV, Oct 25, 2012
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  2. Abu Sina

    Abu Sina New Member

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    Is Fort Knox full of bags of corn instead of gold is what Americans in Idaho should be asking :mrgreen:
     
    Abu Sina, Oct 25, 2012
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  3. Abu Sina

    Abu Sina New Member

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    I'm reading that the US Fed is holding 66% of German gold and the Germans are recalling it all to test it to see if it has real gold in it or been switched for Tungsten

    :mrgreen::shh:
     
    Abu Sina, Oct 25, 2012
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  4. Abu Sina

    Abu Sina New Member

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    They are wanting to repatriate their gold held in the USA London and Paris to test it to see if it is real and the right weight :mrgreen:
     
    Abu Sina, Oct 25, 2012
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  5. Abu Sina

    Abu Sina New Member

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    I'm reading that the US Fed is holding 66% of German gold and the Germans are recalling it all to test it to see if it has real gold in it or been switched for Tungsten

    :mrgreen::shh:
     
    Abu Sina, Oct 25, 2012
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  6. JIMV

    JIMV Well-Known Member Past Donor

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    We did ask that about a decade ago and got a counting by congress...
     
    JIMV, Oct 25, 2012
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  7. Abu Sina

    Abu Sina New Member

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    :mrgreen:
    yes very good

    a bit like asking Jimmy Saville to babysit your kids
     
    Abu Sina, Oct 25, 2012
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  8. Paris

    Paris Well-Known Member

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    You should rebill your bills: "In Congress We Trust"
     
    Paris, Oct 25, 2012
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  9. JIMV

    JIMV Well-Known Member Past Donor

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    As I recall the fellow involved was Ron Paul...
     
    JIMV, Oct 25, 2012
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  10. Paris

    Paris Well-Known Member

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    In Ron You Trust ???
     
    Paris, Oct 25, 2012
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  11. Colonel K

    Colonel K Well-Known Member

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    Everybody trusted Inron, didn't they?
     
    Colonel K, Oct 25, 2012
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