Author Topic: Germany will repatriate 674 ton of gold  (Read 8312 times)

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Offline SANDAC

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Germany will repatriate 674 ton of gold
« on: January 16, 2013, 09:34:09 AM »
First it is Hugo Chavez's Venezuela, now it is Germany.

http://www.bundesbank.de/Redaktion/EN/Pressemitteilungen/BBK/2013/2013_01_16_storage_plan_gold_reserve.html

Pulling all German gold out of Paris?  Hmmm, it seems to me German is losing confidence in the Euro.

Offline SANDAC

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Re: Germany will repatriate 674 ton of gold
« Reply #1 on: January 16, 2013, 09:40:35 AM »
On a related note, we probably should do an audit on our 8100 tons of gold as well.  Last time we did it was in 1953:

https://petitions.whitehouse.gov/petition/perform-assayed-public-audit-all-treasurys-claimed-8100-tons-gold-and-net-swaps-loans-sales/rGyFTLwD

Online pandamonium

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Re: Germany will repatriate 674 ton of gold
« Reply #2 on: January 18, 2013, 11:22:04 AM »
Very short article on German gold & low PM supplies/high demand.  Bullion shortages are starting and premiums are going up slow but sure.   Other articles say US silver eagles are $7+ over spot due to demand.  (Not sure of that in my area.)   When will it effect MCC prices?...............



http://www.silverseek.com/article/sold-out-silver-8951

Offline SANDAC

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Re: Germany will repatriate 674 ton of gold
« Reply #3 on: January 18, 2013, 12:35:34 PM »
Silver sale data from the US Mint.


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Re: Germany will repatriate 674 ton of gold
« Reply #4 on: January 22, 2013, 09:33:36 PM »
Here is a link worth reading.  Some say the shortage will happen at years end and others say very soon.  We will find out.  Junk silver is rising in demand in the US...........


http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/1/19_As_Silver_Shortage_Intensifies%2c_More_Retail_Products_Disappear.html

Online pandamonium

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Re: Germany will repatriate 674 ton of gold
« Reply #5 on: January 22, 2013, 10:15:09 PM »
Important article for those that do not get it yet......derivatives are a bland neutral instument used to boost the money supply.  We create them out of thin air.  Each dollar of derivative that comes due must be paid w/ one US dollar..........



http://dollarcollapse.com/interest-rates-2/are-higher-interest-rates-the-end-of-the-world/

Offline SANDAC

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Re: Germany will repatriate 674 ton of gold
« Reply #6 on: January 22, 2013, 10:40:24 PM »
More information concerning the Silver Eagle shortage in the US Mint.

http://mintnewsblog.com/2013/01/the-return-of-silver-eagle-rationing/

Two interesting points:
  1.  Mint sold 6 million Silver Eagles in just 10 days and ran out at that point.
  2.  The law governing mint production was changed in 2010, so the Secretary of Treasury can now decide how many Eagles the Mint is required to produce.

Offline Hippanda

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Re: Germany will repatriate 673 tons of tungsten
« Reply #7 on: January 22, 2013, 11:01:59 PM »
Yeah, good luck with that.   N34

And they have been told they need to accept it on time terms, meaning it'll be years until they get their hands on something, if anything.

They may or may not get anything, and even then what they finally get might not be what they say it is.

It's clearly all posturing.  It's in nobody's interest to start another global financial crisis of no confidence by admitting the Emperor has no clothes.
"He who speaks without modesty will find it difficult to make his words good."

Confucius

Offline Panda Halves

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Re: Germany will repatriate 674 ton of gold
« Reply #8 on: January 22, 2013, 11:05:07 PM »
Sly topic change +1 LOL.

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Re: Germany will repatriate 674 ton of gold
« Reply #9 on: January 24, 2013, 06:08:39 PM »
Could not post the article on silver shortage w/ the Canadian mint,  Now silver mapleafs are in short supply like silver eagles.  Only one mint in Mexico has supply of 2013 silver coins.   This article link includes China and gold, of course............


http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/1/23_Massive_Squeeze_Coming_As_WGC_Confirms_Gold-Backed_Yuan.html



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Re: Germany will repatriate 674 ton of gold
« Reply #10 on: January 25, 2013, 08:13:24 AM »
Here is the article on Canadian Mapleleafs.  Hopefully you can read the link....bullion supply is headed down at a fast pace now..........



http://www.goldstockbull.com/articles/royal-canadian-mint-hits-supply-shortage-moves-dealers-to-allocation-status/



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Re: Germany will repatriate 674 ton of gold
« Reply #11 on: January 25, 2013, 08:47:27 AM »
I don't mean to post too much but some of the news really does show where we are headed.   This one is about the Yuan becoming international currency.  All of these posts will affect our MCC at some point soon.  I view the MCC market to head up in value unless we have war w/ Iran.  That is about the only sitution I can see MCC prices going down.  ................



http://uk.reuters.com/article/2013/01/24/uk-britain-yuan-idUKBRE90N11520130124

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Offline ghostrider80811

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Re: Germany will repatriate 674 ton of gold
« Reply #13 on: January 26, 2013, 11:25:49 AM »
Its only going to take seven years for the US Fed to get Germanys Gold back.  Also...

Switzerland Wants Its Gold Back From The New York Fed

Earlier today, we reported that Germans are increasingly concerned that their gold, at over 3,400 tons a majority of which is likely stored in the vault 80 feet below street level of 33 Liberty (recently purchased by the Fed with freshly printed money at far higher than prevailing commercial real estate rates for the Downtown NY area), may be in jeopardy,and will likely soon formally inquire just how much of said gold is really held by the Fed. As it turns out, Germany is not alone: as part of the "Rettet Unser Schweizer Gold", or the “Gold Initiative”: A Swiss Initiative to Secure the Swiss National Bank’s Gold Reserves initiative, launched recently by four members of the Swiss parliament, the Swiss people should have a right to vote on 3 simple things: i) keeping the Swiss gold physically in Switzerland; ii) forbidding the SNB from selling any more of its gold reserves, and iii) the SNB has to hold at least 20% of its assets in gold. Needless the say the implications of this vote actually succeeding are comparable to the Greeks holding a referendum on whether or not to be in the Eurozone. And everyone saw how quickly G-Pap was "eliminated" within hours of making that particular threat. Yet it begs the question: how many more international grassroots outcries for if not repatriation, then at least an audit of foreign gold held by the New York Fed have to take place, before Goldman's (and New York Fed's) Bill Dudley relents? And why are the international central banks not disclosing what their people demand, if only to confirm that the gold is present and accounted for, even if it is at the Federal Reserve?

http://www.zerohedge.com/news/switzerland-wants-its-gold-back-new-york-fed

Offline ghostrider80811

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Re: Germany will repatriate 674 ton of gold
« Reply #14 on: January 26, 2013, 11:28:55 AM »
More information concerning the Silver Eagle shortage in the US Mint.

http://mintnewsblog.com/2013/01/the-return-of-silver-eagle-rationing/

Two interesting points:
  1.  Mint sold 6 million Silver Eagles in just 10 days and ran out at that point.
  2.  The law governing mint production was changed in 2010, so the Secretary of Treasury can now decide how many Eagles the Mint is required to produce.

Royal Canadian Mint 'Managing' Silver Supply

By Daniela Cambone
Of Kitco News

(Kitco News) - Following the news last week that the U.S. Mint  had run out of its initial production of 2013 Silver Eagles, reports were circulating on industry blogs that the Royal Canadian Mint was next-in-line, and suffering a silver shortage.

Confirming this strain on physical silver supplies, just this morning the RCM went on allocation, limiting the quantity of sales of the popular Silver Maple Leaf coin.

“Due to very high demand for Silver Maple Leaf bullion coins, the Royal Canadian Mint is carefully managing supply to ensure all our bullion distributors are served and we continue to take orders,”  Alex Reeves, senior manager, communications for the Royal Canadian Mint, told Kitco News this morning.

http://www.forbes.com/sites/kitconews/2013/01/25/royal-canadian-mint-managing-silver-supply/