Germany Wants Their Gold Back Fron the Fed

[JohnyMac]

I thought I had posted this yesterday but apparently I didn?t.

In a nutshell: Germany wants 50% of their gold back from the Federal Reserve in NYC. Germany's gold was moved out of Germany during the ?Cold War? to keep it from the Soviets if attacked.

?Bundesbank to pull gold from New York and Paris in watershed moment
Germany?s Bundesbank is to repatriate gold reserves held abroad to tighten control and combat currency crises in the future, pulling a chunk of its holdings from New York and all its bullion from Paris??

Why is Germany doing this you ask?Are they fearing a EO collapse? A US collapse? Why?

Then I learned today that the Fed told Germany sure BUT it will take seven years to do so. Why? Is it because there is no gold in the Fed?s vaults? Is it because that the Fed used it as collateral on other projects like funding the military? Or?

?This is just a follow up on my earlier post about how Germany?s Bundesbank repatriation of their gold held by the NY FED (and the Banque de France) could trigger a scramble for the premier precious metal.

Apparently, in today?s deepening digital economy and the space age, it would strangely take 7 years for this process, which only accounts for half of Bundesbank?s claims, to get fulfilled??

http://beforeitsnews.com/financial-markets/2013/01/bundesbanks-gold-repatriation-will-take-seven-years-2493602.html

I keep saying this whole ?gun control noise? is noise and it is a distraction for something more ominous.

What are your thoughts?

Stay tuned?

[Skippy00004]

Anybody got a match?

[RS762]

they will have to go to china to get it.

[thatGuy]

they will have to go to china to get it.

yep...