What is Germany scared of? Bundesbank to retrieve $200bn of gold from Paris and NY

Arben Nelku <[email protected]> Sun, 20 Jan 2013 14:01:55 -0800 (PST)
Newsgroups gmane.politics.region.albania.shqiperia
Message-ID <[email protected]>
http://www.dailymail.co.uk/money/markets/article-2263254/Bundesbank-retrieve-200bn-gold-Paris-New-York.html



It quickly became apparent that the problem of tungsten filled bullion bars was widespread. Because many of the fake gold bars had the marking of US sources, nations began to ask for audits and tests of the gold bullion held in their name by the New York Federal Reserve. To the surprise of many, the New York Federal Reserve refused! Indeed the New York Federal Reserve refused the German government permission to simply look at their bullion! Germany's private central bank then went public assuring the Germans that they trusted America's private central bank and did not need to see the gold. That was followed by a bizarre editorial from CNBC's Senior Editor Jim Carney that it didn't really matter if the bullion was really there at the New York federal Reserve, as long as the bookkeeping said
  it was!

That set off everyone's alarm bells!

The German government started demanding their physical gold to be repatriated back to Germany from both the Bank of France and the New York Federal Reserve. Germany demanded all of the 374 tons of gold held by the Bank of France, but only 300 tons of the 1500 tons of bullion held by the New York Federal Reserve. Both the Bank of France and the New York Federal Reserve have stated that the process of returning the gold will take years, five years for the French gold, and seven for the gold coming from the New York Federal Reserve. The delay makes the situation clear. Neither the Bank of France nor the New York Federal Reserve actually have the gold Germany deposited, sending tungsten fakes back to the very nation that first spotted the fraud is risky, the France and the United States are sc
 rambling to find replacement gold.

Which brings us to Mali.

Mali is one of the world's largest gold producers. Together with neighboring Ghana they account for 7-8% of world gold output. That makes them a rich prize for nations desperate for real physical gold. So, even as Germany started demanding their gold back from the Bank of France and the New York Federal Reserve, France (aided by the US) decided to invade Mali to fight "Islamists" working for "Al Qaeda." Of course, "Islamists" has become the catch-all label for people that need to ne killed to get them out of the way of the path to riches, and the people being bombed by France (aided by the US) are not "Al Qaeda" but Tawariqs, who have been fighting for their independence for 150 years, long before the CIA created "Al Qaeda". Left to themselves, the Tawariqs could sell gold to whoever they 
 want for whatever they want, and right now China can outbid the US and France.



http://www.youtube.com/watch?feature=player_embedded&v=4oURCIDfhDQ