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edit approved Jan 22, 2019 at 15:31
GordonM
edit approved Jan 22, 2019 at 15:31
GordonM
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There is a meme that is going around that states:

The German government has been storing about half of its gold supply with the US FED, apparently in the NYC FED vaults. Germany decided to bring home all its gold, but the FED has said that isn’t possible to do, and it would need until 2020 to be able to accomplish the transfer.

The German government then asked to visit the FED vaults to inventory the gold and determine its actual existence, but the FED refused to permit Germany to examine its own gold. The reasons given were “security” and “no room for visitors”. And nothing else.

Source

The "news" article is posted with out any credible sources. So my question is:

Does Germany actually store ~50% of its physical gold reserves in the US Federal Reserve?Has Germany requested that the US Return the Gold it has entrusted the the US Federal Reserve? If so has the US refused to honor the request? Has Germany requested an audit of the actual gold in the reserves? Has the US refused the Audit Request?

  • Does Germany actually store ~50% of its physical gold reserves in the US Federal Reserve?
  • Has Germany requested that the US Return the Gold it has entrusted the the US Federal Reserve?
  • If so has the US refused to honor the request?
  • Has Germany requested an audit of the actual gold in the reserves?
  • Has the US refused the Audit Request?

There is a meme that is going around that states:

The German government has been storing about half of its gold supply with the US FED, apparently in the NYC FED vaults. Germany decided to bring home all its gold, but the FED has said that isn’t possible to do, and it would need until 2020 to be able to accomplish the transfer.

The German government then asked to visit the FED vaults to inventory the gold and determine its actual existence, but the FED refused to permit Germany to examine its own gold. The reasons given were “security” and “no room for visitors”. And nothing else.

Source

The "news" article is posted with out any credible sources. So my question is:

Does Germany actually store ~50% of its physical gold reserves in the US Federal Reserve?Has Germany requested that the US Return the Gold it has entrusted the the US Federal Reserve? If so has the US refused to honor the request? Has Germany requested an audit of the actual gold in the reserves? Has the US refused the Audit Request?

There is a meme that is going around that states:

The German government has been storing about half of its gold supply with the US FED, apparently in the NYC FED vaults. Germany decided to bring home all its gold, but the FED has said that isn’t possible to do, and it would need until 2020 to be able to accomplish the transfer.

The German government then asked to visit the FED vaults to inventory the gold and determine its actual existence, but the FED refused to permit Germany to examine its own gold. The reasons given were “security” and “no room for visitors”. And nothing else.

Source

The "news" article is posted with out any credible sources. So my question is:

  • Does Germany actually store ~50% of its physical gold reserves in the US Federal Reserve?
  • Has Germany requested that the US Return the Gold it has entrusted the the US Federal Reserve?
  • If so has the US refused to honor the request?
  • Has Germany requested an audit of the actual gold in the reserves?
  • Has the US refused the Audit Request?
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Chad
Chad
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Does Germany want their gold back?

There is a meme that is going around that states:

The German government has been storing about half of its gold supply with the US FED, apparently in the NYC FED vaults. Germany decided to bring home all its gold, but the FED has said that isn’t possible to do, and it would need until 2020 to be able to accomplish the transfer.

The German government then asked to visit the FED vaults to inventory the gold and determine its actual existence, but the FED refused to permit Germany to examine its own gold. The reasons given were “security” and “no room for visitors”. And nothing else.

Source

The "news" article is posted with out any credible sources. So my question is:

Does Germany actually store ~50% of its physical gold reserves in the US Federal Reserve?Has Germany requested that the US Return the Gold it has entrusted the the US Federal Reserve? If so has the US refused to honor the request? Has Germany requested an audit of the actual gold in the reserves? Has the US refused the Audit Request?