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Old 01-22-2014, 08:21 AM   #61
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Grant Williams updates the chart originally posted above in post #51:



http://www.zerohedge.com/news/2014-0...ing-bundesbank
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Old 01-22-2014, 01:23 PM   #62
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so POG stays down till everyone who requests their gold back gets their gold back ............

Perhaps they are just sending a message to those who would repatriate ?
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Old 01-22-2014, 07:56 PM   #63
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Obama to Merkel: "If you like your gold - you can keep your gold"... oops, sorry, couldn't stop myself :-)

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Old 01-23-2014, 09:21 AM   #64
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Just wait for the landslide of repatriation requests that is sure to come. The Fed has traded, hypothecated, derivitized, sold or otherwise used all their gold and has no realistic way to return it inside of any meaningful time-frame. They must therefore, default.
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Old 01-23-2014, 12:01 PM   #65
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Originally Posted by ancona View Post:
Just wait for the landslide of repatriation requests that is sure to come. The Fed has traded, hypothecated, derivitized, sold or otherwise used all their gold and has no realistic way to return it inside of any meaningful time-frame. They must therefore, default.
In plain words, the Fed is a THIEF! Since the Fed is a PRIVATE entity masquerading as a government entity they have STOLEN gold belonging to US. If you or I did that, they would lock us up and throw away the key.
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Old 02-12-2014, 07:53 AM   #66
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Quote :
...
What I just found out, and what presumably few people in the English speaking world knew, was that the Bundesbank had made an earlier repatriation request in the fall of 2012, to ship home 150 tons from the US in three years (ending in 2015). So after January 2013 two repatriation schedules co-existed. They were not mutually exclusive – so most Germany expected to see back was 150 tons from the US by 2015 – and ultimately 674 tons by end-2020 from both the US and France.

This was the plan.. But in 2013 only 37 (remelted) tons of gold reached German grounds of which 5 tons from the US. Needless to say, this lifted a few eyebrows. The Bundesbank has now withdrawn the original schedule to repatriate 150 tons from the US before 2015, but continues plan B, to repatriate 674 tons from NY and Paris by end-2020.
...
http://www.ingoldwetrust.ch/bundesba...ation-schedule
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Old 02-12-2014, 08:43 AM   #67
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Gold?!?!?!!

What gold??
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Old 02-14-2014, 12:19 PM   #68
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...that's just too funny, so who on God's green earth still believes that everything is dandy with gold that's supposedly there?? (I mean, apart from Krugman & his readers :-))

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Old 06-24-2014, 08:16 AM   #69
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ZH reports on a kerfuffle in the media:

http://www.zerohedge.com/news/2014-0...t-repatriation
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Old 09-10-2014, 10:10 AM   #70
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Koos Jansen: German Gold Repatriation Accelerating
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Old 01-20-2015, 08:20 AM   #71
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Quote :
... In 2014, 120 tonnes of gold were transferred to Frankfurt am Main from storage locations abroad: 35 tonnes from Paris and 85 tonnes from New York. ...
http://www.zerohedge.com/news/2015-0...d-paris-and-ny

Looks like they found some motivation to get their shiny back.
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Old 01-15-2016, 09:12 AM   #72
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Quote :
... the Fed’s custodial gold holdings have reduced by 125 tonnes from January to November 2015. I am fairly confident that all of these are German repatriations as there hasn’t been any announcements of other central banks withdrawing metal from the Federal Reserve’s vaults in New York. ...
http://research.perthmint.com.au/201...iation-update/

I'm less confident in his assumption. Central banks generally don't like talking about what they are doing with their gold.
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Old 01-27-2016, 02:40 PM   #73
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The Bundesbank today announced its gold repatriation tonnages for 2015: 210 tons, with 99.5 having been returned from the Federal Reserve Bank of New York and 110 from the Banque de France in Paris. This is 6 percent of all German gold reserves and 10 percent of the German gold reserves held abroad:

http://www.bundesbank.de/Redaktion/E...n_of_gold.html
...
At least one more central bank besides the Bundesbank must have repatriated some gold from the New York Fed in 2015, as the New York Fed reports a decline in its custodial gold holdings of another 25.5 tonnes.
...
http://gata.org/node/16130
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Old 02-10-2017, 09:11 AM   #74
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Quote :
Germany's central bank is bringing home gold reserves stored in places like New York and Paris faster than planned, it said on Thursday, as confidence in the euro ebbs even in the heart of the currency bloc after a decade of a sluggish economy.

Stashed away at the height of the Cold War in safe havens well out of Moscow's reach, the 3,378-tonne, 120 billion-euro (102 billion-pound) gold stockpile has become a symbol of Germany's economic ascent and a guardian of its stability.

But with Europe stumbling from crisis to crisis, the German public has grown uneasy about keeping the gold abroad. Some even argue the world's second biggest bullion reserve may be needed to back a new deutschmark, should the euro zone break up.

Having already moved 583 tonnes of gold out of New York and Paris, the Bundesbank plans to have half its gold in Frankfurt by the end of 2017, years ahead of its 2020 schedule, with the rest split between the Federal Reserve Bank of New York and the Bank of England.
...
http://uk.reuters.com/article/uk-bun...-idUKKBN15O192
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Old 02-10-2017, 04:54 PM   #75
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Quote :
The Bundesbank will repatriate 674 metric tons of gold from vaults in Paris and New York by 2020 to restore public confidence in the safety of Germany’s reserves.

The phased relocation of the gold, currently worth about 27 billion euros ($36 billion), will begin this year and result in half of Germany’s reserves being stored in Frankfurt by the end of the decade, the Bundesbank said in a statement today. It will bring home all 374 tons of its gold held at the Banque de France and a further 300 tons from the New York Federal Reserve, it said. Holdings at the Bank of England will remain unchanged.
This thread was started in January 2013
So its taken 4 years to get 300 tonnes shipped from New York and 370 tonnes
from Paris.
In logistical terms these are not large amounts.
They could have shipped an olympic sized swimming pool plus contents in 4 years

Yet someone was saying they accelerated the process .........


It does seem to suggest that theres not a lot of gold available for shipping and that possibly new production and reprocessed scrap have been major contributors?
Did I also read a while ago that some older, less refined bars were showing up as part of the shipments ?

So if Germany decides to go back to the D Mark it seems sensible that they now have their gold out of Paris but how do they feel about gold in London now that the UK has shown signs of disloyalty to the EU project ?
Possibly no bad thing as the UK might be seen to be less likely to need to protect itself from the inevitable disruption ?
And better able to defend itself from hostile actions of other Euro nations ?

Interesting times indeed.
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Old 02-13-2017, 10:22 AM   #76
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Originally Posted by Sputnik News :
...
Katasonov, a professor at the International Finance Department at the Moscow State Institute of International Relations, suggested that the United States disposed of Germany's gold bars at its own discretion.

"There are a lot of signs that the gold was not physically present in the New York vaults when Germany called it back. Of course, the U.S. began to return it to Germany but there is one interesting detail. When you leave your suitcase in the luggage storage, you expect to get back the same suitcase. But Germany took the wrong 'suitcase,'" Katasonov told Radio Sputnik.

According to the economist, the gold bars that Bundesbank repatriated have different labels. He suggested that the U.S. might have replaced the German bullion with different gold bars bought from the market.

Katasonov explained that the U.S. managed to return the yellow metal thanks to favorable conditions in the precious metal market.

"I think there was a favorable environment in the market and the Americans managed to quickly buy the gold and give it back to Germany. They were not ready for this, but finally managed this replacement," he concluded.
http://gata.org/node/17172

No idea what Katasonov's source is for his claim about the labels on the bars.
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Old 02-13-2017, 03:20 PM   #77
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Quote :
....reported almost exclusively by GATA that Germany's gold reserves vaulted with the United States were never more than gold credits until the Bundesbank sought to repatriate the gold in recent years.
And yet no one sees a problem .............

You would have thought that Germany ( and anyone else with their physical stored in US vaults ) would be looking to repatriate 100% and as quickly as world markets could deliver.
Obviously without any effect on price .......
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Old 02-13-2017, 09:39 PM   #78
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Originally Posted by PMBug View Post:
http://gata.org/node/17172

No idea what Katasonov's source is for his claim about the labels on the bars.

Regardless of source, he states my suspicion held since 2013, when gold was much higher in USD.
The complete profile of this requested transaction screams PONZI !
World wide ponzi due to the probable fact, Asia possesses, and oligarchs, the majority of physical gold.
Upon request of physical return, the dance begins, and both parties have pistols and cowboy hats on.
Request to much, you get none, and collapse ponzi.
Request to late, get zero, because the ponzi collapsed.
Do not dare to mention D Mark backing, as suicide double shot to the skull ensues.
B-Bank is being chess game strategic, with Yoda patience.
I am uncertain as to where they are achieving leverage, to ensure process.
Most countries who remotely elude, as Germany is, to world's 3rd greatest ponzi's weakness.
Well, you know.

Got GOLD ?
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