Central banks repatriating gold?
- Thread starter pmbug
- Start date
-
- Tags
- repatriation
Welcome to the Precious Metals Bug Forums
Welcome to the PMBug forums - a watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more.
Why not register an account and join the discussions? When you register an account and log in, you may enjoy additional benefits including no Google ads, market data/charts, access to trade/barter with the community and much more. Registering an account is free - you have nothing to lose!
Bottom Feeder
Ground Beetle
If you don't hold it…
The idea was, of course, if the Fuddrel Reserve held it, it was safer than in your own (corrupt) treasury.
That idea has been tested and found wanting, a long time ago. I guess Central Bankers cling to their delusions, fiercely...
- Messages
- 4,965
- Reaction score
- 4,986
- Points
- 308
How much of that will make an additional trip, into his private vault?
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults - London Daily
Berlin and Rome face growing calls amid geopolitical tensions and doubts over Federal Reserve custodianship
londondaily.com
- Messages
- 4,965
- Reaction score
- 4,986
- Points
- 308
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults - London Daily
Berlin and Rome face growing calls amid geopolitical tensions and doubts over Federal Reserve custodianship
I'm laughing if they think they are actually ever going to see it again.
Bottom Feeder
Ground Beetle
Unh, what was the reason gold was stored in US?
I thought it was to prevent it from falling into russian hands in case of european war.
So with war on the horizon, they want it back?
Is there a plan?
I thought it was to prevent it from falling into russian hands in case of european war.
So with war on the horizon, they want it back?
Is there a plan?
As I understand it, the cries for repatriation are coming from the people (and maybe a few outlier/renegade politicians). The central banks and most of the governments are happy to maintain the status quo.
It's an OBVIOUS plan! Their plan is to egg Russia into launching a war, and then hiding behind NATO and the US's entangling foreign engagements, i.e. treaties to provide "mutual aid and assistance."
The old bar game, played by aging harpies who want to pretend they're still hot. Goad her man..."Let's you and him, fight."
It'll probably work, unless and until the Dumbo cracks launch their own civil war, here.
Davos, seat of Globalism, probably hopes to be the Last Force Standing. I hope Putin knows that to stop the madness, he has to PUNISH the TRUE instigators. Reduce Geneva and Davos to dust. Incinerate the City of London; and de-industrialize Germany...Germany, the seat of every bad Western idea for 200 years.
It will cost us, too. To prevent decimation, once this gets going - quickly after it does - the BosWash megalopolis will have to be vaporized. Chicago because it, too, is a center of really-stupid ideas. Los Angeles, because it's where the instigators take refuge, and Seattle, because Boeing-boeing.
Tough times ahead. Brought to you by leadership that has become incrementally more-foolish for 80 years.