3 replies :

  1. It doesn´t matter if the German gold is really there, in London or New York or Frankfurt, as long as everybody agrees it´s there. Basicly Gold is worthless metall lying around somewhere. It´s the agreement about it value and status that matters.BTW, i talked to a friend half a year ago, who works at the Bundesbank in Frankfurt and he thinks that about half of the Bundesbank gold is in New York. He thinks that one reason the German government participated in the bank bailouts worldwide is that else mayor parts of this gold would have been gone because it was leased to banks.

Leave a Reply

Your email address will not be published.

random posts :

new posts