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German gold repatriation

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German gold repatriation

Postby 68Camaro » Tue Feb 28, 2017 4:32 pm

This one slipped by me, but last year Germany completed their partial repatriation of 300 tons of gold from New York that was started in 2013.

[link to a news source article added]
http://www.ctvnews.ca/business/germany- ... -1.3277507
Last edited by 68Camaro on Thu Mar 02, 2017 6:24 am, edited 1 time in total.
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Re: German gold repatriation

Postby daviscfad » Tue Feb 28, 2017 8:33 pm

Nice, and not surprising
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Re: German gold repatriation

Postby Recyclersteve » Tue Feb 28, 2017 10:52 pm

Interesting- never heard anything about the successful portion of this. I sure hope they authenticated the gold before taking it back...
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Re: German gold repatriation

Postby AlexTG » Wed Mar 01, 2017 1:35 pm

I firmly believe we never heard the successful completion of this story because it is not in the interest of companies that sell gold and silver to tell us when things go correctly in the market. Many gold sellers work simply on fear. So there is no point telling your customers that the US had enough gold to give back Germany all of its gold.
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Re: German gold repatriation

Postby 68Camaro » Wed Mar 01, 2017 1:39 pm

Regardless, it's still a significant story that it took them 3 years to get back only 20% of their US stored gold.
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Re: German gold repatriation

Postby SilverDragon72 » Wed Mar 01, 2017 8:19 pm

Only 20 percent of it? Why should it take 3 years to get that back? I would hate to wait 3 years for anything....
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Re: German gold repatriation

Postby wolvesdad » Thu Mar 02, 2017 12:06 am

Maybe Northwest Territorial was handling the fulfillment side.
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Re: German gold repatriation

Postby 68Camaro » Thu Mar 02, 2017 6:24 am

Added link to a news source...
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
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Re: German gold repatriation

Postby pennypicker » Thu Mar 02, 2017 10:19 am

wolvesdad wrote:Maybe Northwest Territorial was handling the fulfillment side.

Got a good laugh out of that one :lol:
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Re: German gold repatriation

Postby SilverDragon72 » Thu Mar 02, 2017 5:21 pm

68Camaro wrote:Added link to a news source...



Oh sure, THERE it is! :lol:

A trusted relationship with the Fed? :? 300 tons is a lot, no doubt.
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Re: German gold repatriation

Postby InfleXion » Thu Mar 02, 2017 9:55 pm

When you can create money from thin air, buying up any quantity of gold is merely a matter of time. Now we have a litmus test for how long it actually takes. Though it may take longer in the future.
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