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Author Topic: A Run On The Fed? - "U.S. Dollar Collapse: Where is Germany’s Gold?"  (Read 133 times)
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WhiskeyGirl
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« on: February 06, 2013, 03:42:02 PM »

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The financial world was shocked this month by a demand from Germany’s Bundesbank to repatriate a large portion of its gold reserves held abroad. By 2020, Germany wants 50% of its total gold reserves back in Frankfurt – including 300 tons from the Federal Reserve. The Bundesbank’s announcement comes just three months after the Fed refused to submit to an audit of its holdings on Germany’s behalf. One cannot help but wonder if the refusal triggered the demand.

Either way, Germany appears to be waking up to a reality for which central banks around the world have been preparing: the dollar is no longer the world’s safe-haven asset and the US government is no longer a trustworthy banker for foreign nations. It looks like their fears are well-grounded, given the Fed’s seeming inability to return what is legally Germany’s gold in a timely manner. Germany is a developed and powerful nation with the second largest gold reserves in the world. If they can’t rely on Washington to keep its promises, who can?

Where is Germany’s Gold?

The impact of Germany’s repatriation on the dollar revolves around an unanswered question: why will it take seven years to complete the transfer?
emphasis added

read more here - http://www.globalresearch.ca/u-s-dollar-collapse-where-is-germanys-gold/5321894

Where is Main Streets TRILLION dollar bailout?  TRILLIONS for illegal aliens, foreigners, foreign nations/workers, big global corporations/banks...where is the 'fix' for Main Street?  Average working people?

Why are the rich getting even richer and watching less of their wealth being taxed/stolen than the elite of the elite?
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