Germany is taking back it's Gold | TigerDroppings.com
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Mike da Tigah
St. Denham Rougeville
Member since Feb 2005
41463 posts

Germany is taking back it's Gold

LINK

quote:

Brian Giesen It finally happened. After a report in a German business daily earlier this week, the Bundesbank has today confirmed it will take back large quantities of its gold stored in New York and France. The AP reports that all 374 tons of German gold held in Paris and a further 300 tons of gold stored in New York will be moved back to vaults in Frankfurt by 2020. That amount is worth $36 billion at current market prices. It represents about 19 percent of Germany's gold reserves.






buddhavista
Member since Jul 2012
3543 posts

re: Germany is taking back it's Gold
I think this is a reflection on german fear more so than a commentary on the US.


CarrolltonTiger
LSU Fan
New Orleans
Member since Aug 2005
46762 posts

re: Germany is taking back it's Gold
quote:

I think this is a reflection on german fear more so than a commentary on the US.


The article said it was the result of the end of fear of war in europe as a result of the end of the Cold War?


WildTchoupitoulas
"Tombstone"
Member since Jan 2010
18513 posts

re: Germany is taking back it's Gold
quote:

I think this is a reflection on german fear more so than a commentary on the US.

Or a distrust in COMEX and paper gold.

I don't blame them.

I'm guessing that occurred right at about 10 am EST.


junkfunky
LSU Fan
Member since Jan 2011
15321 posts
Online

re: Germany is taking back it's Gold
quote:

I think this is a reflection on german fear more so than a commentary on the US.


I'm thinking it's just a result of current global economies and could push more countries to take similar actions. Nothing personal, just business.


Mike da Tigah
St. Denham Rougeville
Member since Feb 2005
41463 posts

re: Germany is taking back it's Gold
I doubt very seriously if their fear was or is based in the fiat system they would come out and say it directly.


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mograyback
Missouri Fan
Member since Jul 2011
7102 posts

re: Germany is taking back it's Gold
quote:

I think this is a reflection on german fear more so than a commentary on the US.


It's a reflection of reality.

The collapse is going to happen.


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buddhavista
Member since Jul 2012
3543 posts

re: Germany is taking back it's Gold
quote:

The article said it was the result of the end of fear of war in europe as a result of the end of the Cold War?


like I read the link.

Image: http://www.reactiongifs.com/wp-content/uploads/2012/06/didnt-read.gif


Mike da Tigah
St. Denham Rougeville
Member since Feb 2005
41463 posts

re: Germany is taking back it's Gold
quote:

I'm thinking it's just a result of current global economies and could push more countries to take similar actions. Nothing personal, just business.


China is buying up all the gold it can get its hands on.


CptBengal
USA Fan
BR Baby
Member since Dec 2007
43268 posts
Online

re: Germany is taking back it's Gold
quote:

China is buying up all the gold it can get its hands on.


the currency wars have begun.

Next comes the trade wars.

then the final kind of war...

The move to a global shooting war has already begun. Get ready folks, there is still time to get things in order.


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lsu_tiger_az
LSU Fan
AZ/LA
Member since Mar 2004
30404 posts

re: Germany is taking back it's Gold
quote:

I think this is a reflection on german fear more so than a commentary on the US.


Bull shite....

Would you leave anything of great value when/where Odumbass is in charge? I think not....


This post was edited on 1/17 at 7:10 pm


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tiger perry
LSU Fan
Lafayette, LA
Member since Dec 2009
17787 posts
Online

re: Germany is taking back it's Gold
hmmm. interesting.


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Brosef Stalin
LSU Fan
Member since Dec 2011
10736 posts
Online

re: Germany is taking back it's Gold
Rise of the Fourth Reich


TheFolker
Kentucky Fan
Member since Aug 2011
3427 posts

re: Germany is taking back it's Gold
I thought of a very tasteless joke but I resisted.


BlackHelicopterPilot
LSU Fan
Top secret lab
Member since Feb 2004
34716 posts

re: Germany is taking back it's Gold
GERMANS!


tiger perry
LSU Fan
Lafayette, LA
Member since Dec 2009
17787 posts
Online

re: Germany is taking back it's Gold


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RCDfan1950
LSU Fan
United States
Member since Feb 2007
12494 posts

re: Germany is taking back it's Gold
quote:

thought of a very tasteless joke but I resisted.


PLEEEEAAASE!



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WikiTiger
LSU Fan
Member since Sep 2007
40721 posts

re: Germany is taking back it's Gold
anyone want to talk about Bitcoin in here? It's been rallying the past couple weeks! Up to $16.18 right now!


RCDfan1950
LSU Fan
United States
Member since Feb 2007
12494 posts

re: Germany is taking back it's Gold
How many of yall who have gold, would be okay with the current Government holding it? Those Germans may have went off the rails back when...but they are smart folk.


hawkster
Member since Aug 2010
5082 posts

re: Germany is taking back it's Gold
Fear that Emperor Obama might find it and decree that any gold on US soil belongs to him.


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