This page has been archived and commenting is disabled.
Head Of German Gold Repatriation Initiative Responds To Bloomberg Story About Repatriation Halt
Just hours after we noted Bloomberg's story of Germany's decision to halt its repatriation of gold from the NY Fed, the gentleman at the center of the story, who Bloomberg quoted as saying his 'Repatriate Our Gold' campaign was "on hold" - Peter Boehringer - has come out swinging... The Bloomberg story is "a 'non-news' article with a wrong headline, strange interviewees, old news, and with a clearly apologetic ideological approach." and that's just the start...
From Peter Boehringer (via Bloomberg Businessweek),
Just to set the record straight re this article in which my name is mentioned and in which I am quoted out of context:
a) BusinessWeek/Bloomberg uncritically cites statements of politicians and BuBa-bankers who have or give no proof whatsoever re the untouched whereabouts of the german Gold.
b) Re our campaign "Repatriate our Gold": "On hold" does of course NOT mean that we are in any way satisfied with the current status of BuBa´s ongoing repatriation (far too slow and too little - only 5 tons came from NY in 2013! Not exactly a proof for the untouched existence of 1500 tons in a NY vault unaudited since 1950...). Our public campaign will therefore have to continue.
c) Almost no info in the article can be considered in any way "news". Simply because there has not been any material news in this context since early 2013.
d) Especially the headline is plainly false, because there has not been any change in BuBa´s (too slow) repatriation plans: at least 300+ tonnes will come from NY by end 2020. It is not much - but contrary to the headline, BuBa has NOT stopped the ongoing partial repatriation - enforced solely by public pressure!
e) The political party "Alternative for Germany" has never been part of our campaign - they can therefore not have been "rebuffed" as the article suggests.
f) The political party "FDP" has (with the exception of one (1) MP ) never demanded a repatriation - yet another false info in the article.
g) Some politicians cited in the article can not in any way claim to be "in charge" of the german gold hoard (abroad or not). This holds true for both Mr Barthle and for Mr Hardt: BuBa alone is in charge - and officially, BuBa is independent from political influence...
Summary: a "non-news" article with a wrong headline, strange interviewees, old news, and with a clearly apologetic ideological approach: the main purpose seems to be NOT to give space to the myriad of unanswered and extremely relevant questions BuBa and the Fed have been refusing to answer for decades.
»
- 52425 reads
- Printer-friendly version
- Send to friend
- advertisements -
That article was no accident. Someone is testing the waters...
“Objectively, there’s absolutely no reason for mistrust.”
Objectively, if someone starts saying there is no reason for mistrust, you can bet there damn well is a good reason.
If they really want their Gold, they're gonna have to go and get it themselves.
#WAR
Someone is testing the waters.
First there's the rehypoteciation shit going on in China. Now Deutschland isn't going to get back their gold. Trial balloon. And it's going over like a lead zeppelin.
His was what I was gonna say.
"The Chinese want their gold back too."
Actually...they probably want it to exist in the first place.
"Somewhere in the vaults in Deutche Bank there is a piece of paper...
(Cue Twilight Zone intro)
This is all the evidence you need to realize America is nothing more than an empire hell-bent on conquest. Every nation it “liberates” quickly finds its gold looted and shipped off to New York City under the guise of eternal safekeeping. The game hasn't changed much since Rome, except the subtleness of it thanks to more sophisticated propaganda.
We need to get Frau Merkel to comment about this on the record so...
German citizens can hear her official opinion on their "never-to-be-returned" gold.
Methinks they might be pissed!
This is all very normal procedure for the Fed once sovereign gold has been sold over 100 times. I really believe they will return this gold eventually once hell freezes over or Corzine goes to jail.
so .. just to be clear .. basically this article is confirming that germans are happy with leaving their gold in the safe care of the fed, which has proved itself to be a trustworthy steward
or did I miss something
Can you say "illiquid"?
Don't think all the central bankers didn't notice those street protests in Germany.
They and the banking industry must be truly frightened given that it is plain for even Helmut Q Public to see how badly they've run the world off the rails.
And Bloomberg is right in there trying to market the paper pusher agenda.
It all goes back to those who took the US and the world off of gold money and onto trading pretend gold.
The central bankers are just the screw-ups at the scene of the accident - although even those screw-ups at some point know exactly what they are doing.
This whole sordid matter of Germany NOT getting their gold back should serve as a warning. If Germany is having trouble getting they gold that they own, how much trouble would any of us have getting gold we "think" we own if what we have is really "paper gold"?
Liquidity is important! And I believe that everyone should have liquidity OUTSIDE of the "financial system" (banks, etc.). This would include gold, cash and Bitcoin (and there have been some fast moving developments just in the past few days).
The below article is a little basic for many of you here at Zero Hedge, but it covers three forms of liquidity that everyone should consider owning:
"Liquid Alt: Gold, CA$H and Bitcoin"
http://goo.gl/SA91C6
Fuck, the Fed doesn't even have their gold, let alone Germany's.
If the Boehringer comments are authentic and true then there must be something very, very wrong with the gold market - the Bloomberg piece is that pathetic.
Of course the Bloomberg piece is pathetic. They are the new mafioso. Not Italiano crime families, not Russian drug runners - the media is the new Kingpin.
People on the Left or Right only respond to Hegelian Dialectic memes; good vs bad, black vs white. And no one is acting rationally when oil is cheap (it still is) and labor is cheap (third world). Everyone, except us on ZH, will squeeze the system dry if they can. Pensions are deserved. Invest in stocks while they're going higher and praise the system. Go travel, buy dinner at a resturuant.
America rules! Praise Jesus.
The Angry Pink Unicorn has spoken!
I would suggest that you all comply.
Fishez!
The latest Bloomberg pap - gold is going down because interest rates are staying low for a prolonged period:
http://www.bloomberg.com/news/2014-06-23/gold-euphoria-won-t-last-with-yellen-s-rally-fading-commodities.html
I've been out on the farm the last week so exceuse me when I write....
....gold bitchez!
Grazing good this time of the year?
:P
;-)
|;.!
Fuck, the Fed doesn't even have our gold, let alone Germany's.
FIFY
Au-länder raus!
If the gold was all there and accounted for, the New York Federal Reserve would have publically come out with empirical evidence by now to refute the rumours.
There are only 2 possible conclusions;
1). The Fed does have the gold yet they are fanning the flames of this conspiracy.
2). The Fed does not have the gold.
Which is it?
They have enough to fill that little room they always show on tee-vee. One doesn't empty the showcase until they are ready to jump on the plane for the last time.
hehe, you guys are still screwed...
You'll find Germany's gold right next to the lost IRS emails.
No, everyone knows the bars in the TV room are gold-plated tungsten, courtesy of the Rubin gang.
I wrote an email to the author of the bloomberg-article. She is confirming her story, no hoax.
Keep on stacking, I suggest. But be careful of confiscations to come.
3) Possession is nine tenths of the law, so fuck you Germany! what are you going to do about it? nothing thats right you pussies (viable conclusion?)
They lent it all out to SWNWEFI at a hansome profit.
100%!!!
Have plenty of stuff to barter as well.
Something is fishy with the latest run-up in PMs. There has been no smackdown yet back to sub-1300.
I see something has been fishy in financial markets for at least decades. If you know what i mean!
There has been a pretty big run up in the "official" count of depository stocks, it would not surprise me if this coincided with a run up in the dollar price of gold over the next few months.
Germany aka world war three wild card
i zee nothing!
You may see nothing, but I call a spade a spade.
German Gold in Fed Vaults is about as real as that pic of yours....I bet they are plastic.
Here's what the Germans were told:
Get lost, you cannot have your gold
We needed the cash
For a Keynesian bash
Your barbarous relic was sold
Hogan! Where is the fucking gold?
"This is all very normal procedure for the Fed once sovereign gold has been sold over 100 times."
100 to 1 is hard to recover from, especially in the middle of a run....
+1000 when insanity is "normal procedure"
NSA is working on it. It takes a bit longer now that she has that new Chinese cell phone.
Gaius,
This is all the evidence you need to realize America is nothing more than an empire hell-bent on conquest. Every nation it “liberates” quickly finds its gold looted and shipped off to Tel Aviv under the guise of eternal safekeeping. The game hasn't changed much since Rome, except the subtleness of it thanks to more sophisticated propaganda.
There, I fixed it for you. Remember this is ZH afterall
shipped to ny or london perhaps.
not tel aviv, there's no substantial gold exchange there, as far as i know. if you have info otherwise, please post a source.
just sell US treasuries and buy some gold. sell some dollars too.
Payne
If I were running Germany, that's exactly what I would have been doing, starting a year ago.
It's pretty obvious there is no gold to be returned at this point. Who in their right mind is going to believe this crap? It's like me going into a bank and asking for $50k of my money and the teller saying, 'here, you can have $500.00 now and next year we'll give you another $500.00 ... and so on.
WTF ?!
NFW !
Herr Hans und Fraulein Heidi better stock upon the KY to minimize the pain.
Fractional reserve safekeeping.
Fractional reserve safecracking...
How much egzactly are ve talkink about?
If 1 tonne (Metric) (t) of gold equals 35,273.96 avoirdupois ounces (oz) in gold @ $1,325.60/oz, then 1500 tonnes equals 70,138,742,064 one dollar federal reserve notes. If 1 one dollar Federal Reserve Note equals 16.0254 inches in area, then @ 144 sq in per sq ft, 70,138,742,064 one dollar FRNs equal 7,805,565,257 sq feet of US currency, or @ 41 sq ft per roll of TP, equals 190,379,640 rolls for an EU estimated population of 81,799,600 people, or 2.32 rolls per person.Schultz sez, "We owe nuttink." Zo, why's everyone gettink zo egzited?
The main worry for Germany is that the American government may end up confiscating the nation's gold reserves (which are held in New York) by an act of force majeure.
The slowly dawning realization for Germany is that the American government will end up confiscating the nation's gold reserves (which are held in New York) by an act of force majeure.
FTFY
where's charleton heston?
"You'll have to pry my gold from my cold, dead hands! Gold bitchez"
CH was one of the old school ZH crowd.
When it gets serious - you have to lie.
I heard that somewhere before.
And if you can believe it, the guy who said that is the top candidte for president of the EU parliment. How much more bizzaro can this world possibly get?!
***************************************
As a side note regarding the german gold story, here in Deutschland, there is next to no coverage by the german MSM. You can find some articles on line, but that's about it. Not even worth a news slot on teletext. The World Cup has priority right now, so that means the sheep are fully hypnotized and unable to comprehend any other topic.
Not everyone that says "You can trust me" is a crook, but every crook I've met says that shit
Bingo.
Those are'nt your waters!
Exactly. They would have covered the Federal Reserve and said they got all their gold back. Something is up.
Rather than rattle the markets and announcing some sort of compromise (all the gold back vs something else) they say this.
The Federal Reserve gave Germany what they had and more than likely woud to have purchased the rest on the open market.
Like everything else it does it's all fractionally reserved. Perhaps the Federal Reserve has 10% or less gold than they say they have.
Maybe the Federal Reserve was hoping to knock down the price much further with all their gold shorts than the current price.
John Paulson and George Soros have been testing the waters
and are swimming in that gold as we speak. If the USA delays
much longer Paulson should end up with the whole enchilada.
OCCUPY ANGELA MERKEL'S GOLD - OCCUPY EVERYTHING
so no, we ain't ever getting our gold back bitchez, but shut up about it already
I've got some gold ;)
oy someone is lieing to & trying to misdirect us
I wonder who
The petro-treasury-war-machine, of course.
Not the petro-treasury-war machine! Couldn't be!
The same!
ruh roh !!!
Will somebody please shit or get off the fucking pot already...
They shit a long time ago, but only a few of us have noticed.
Long live FIght Club.
Either someone is trying to give the Germans a hint by realeasing that article, or the Germans responsible ate their words after it came out in the open. An already pissed off German public wouldn't take too kindly to knowing their politicians are getting bent over a barrel by the American banksters.
The gold that went back to Germany must have been the Ukrainian one. The one that was sent to USA from Ukraine for safe keeping - maybe they even saved on the gas bill and just flew it directly from Ukraine to ze Germans... now the USA is looking at other contries where it could spread democracy and that have a big enough gold reserve.
American Banksters? These scum have no nationality. They prey on the world economy. This is a world wide revolt, not an American one. They know the sway of "nationalism" on the masses just like they know the power of the MSM/2 party system.
Quick...put the cat back in the bag!
Fed: "Go ahead and cook that cat and eat it. You aren't getting any pork. Ever."
I thought Buba was POTUS... What do I know? Oh that's bubba....
Send in the Clowns...
GOAL!!!
This should make the soccer match on thursday a bit more ...... interesting.
"Send in the Clowns..."
Look around that shitshow in DC. They're already there.
Bloomberg. Misleading the headlines on behalf of The Tribe. Imagine that ...
He is a short man - David Letterman
That is funny.
Mr. Boehringer obviously smells a rat, and is not about to call the cats out of the barn.
I'd bet the Bloomberg crowd and their New York friends would like to stop the demand for the German Gold that has been sold or rehypothecated into 200X leveraged paper market vapors.
They know where the gold is. Russia, China, or a Rothschild vault. Pick any of the above.
dat gold as tony soprano once said
is gone just gone.
listen fritz just forget about it ok cos yer really beginin to anoy me now.
just be thankful you still got yer health.
Hopefully he doesn't handle nailguns.
Templar tricks never get old. Where's The Gold? Great game.
"WHERE'S MY FIVE DOLLARS!" (the paperboy.)
Five dollars?!! Is that inflation adjusted from the movie release?
Classic.
"I want my two dollars"
https://www.youtube.com/watch?v=iayLBI7nsE0
Better Off Fed
Like this is going to add value to my life.
Where's the Germany's gold.
Where's Waldo? Like who gives a fucking shit????
You are so right. It is stupid to do things like read and learn about how the world works and how these people are lying thieves who cannot be trusted with the very air they breathe lest it be rehypothecated and sold down the line to people like you who end up losing everything.
Whew! Thanks for saving me the trouble.
Somewhere along the line it became cool to be stupid in the US. It's considered a sign of authenticity to not know things.
Of this, Im sure there will be no negative consequences that anyone authentic can name.
Their names are IndyPat and Harbanger and they sponsor your message......if they could, but nobody fills the tip jar
We're a conquered nation and enslaved to the money masters since 1913. No shots fired. Started at 3am and pooof! By the time the public woke up, it was all over. Forever!
We're too puffed up with foolish pride and our arrogance keeps us from discovering the truth. I wish I didn't know about the money game. It would be less painful.
At night, as Alexander Hamilton slept, Sol would crawl into his window and whisper "Private National Bank" into his ears over and over. At dawn, Sol would sneak out, back to his gold house.
"George, I have this idea I cannot get out of my head."
Thank GOD for Andrew "I killed the Bank" Jackson. We need fine men like that again, men like Ron Paul. More than representatives we need a voting populace that understands the difference--yeah good luck with that...Sigh
I'll be happy to hold all your bitcoin for you. You can trust me. Here are some paper bitcoins you can play with on the futures market.
I upvoted for the LOLZ
Rothschilds (Master Thieves)
http://www.bullionbullscanada.com/bulletin-boards/12-gold-a-silver-talk/...
http://explosivereports.com/2013/01/28/house-of-rothschild-hoarding-gold...
There are some good news pieces that might be distracting for you over lunch. Turn on the TV, take a Prozac or equivalent.
Look, this doesn't change until people start actually standing up and saying the truth.
The Federal Reserve is a criminal organization. I don't mean they're silly or stupid. I mean they're actual criminals. They've stolen your gold, Germany. They've stolen your gold, America. It's gone.
And if Putin is smart, and he is....he'll use this for political capital. All he has to do is spread seeds of doubt. Cut his intelligence apparatus loose on the US banking system and tell the truth. Or lie. It doesn't matter at this point.
"Look, this doesn't change until people start actually standing up and saying the truth."
I'm tired of hearing everyone's "truths." I want to hear FACTS!
Things will change, that is for certain.
The fact is that they are not going to give up without a fight. We are way beyond what laws have been broken at this point.
Sorry, Krauts, Force Majeure!
We have some copper for you in a dockside warehouse in China, however.
CRACK, and it's gone, out the park and into the bay.
The gold isnt there
otherwise why is there a problem of Germany getting it back ?
Boating accidents!
And the Germans, after all this, aren't out very publicly demanding all of it NOW. How can they just swallow being ripped off like this? They no longer need protection from the old Soviet Union, hence they don't need the US.
You have higher expectations for the German public at large than the United States. If the Fed has "loaned out" all of Germany's gold then they certainly have done the same to the United States. Otherwise, they would easily swap out US gold for German audits. There is no fucking gold .... unless that is what the Fed wants you to believe in order to create a run on the bank.
The gold isnt there otherwise why is there a problem of Germany getting it back ?
Maybe there is another reason. With its gold returned, Germany would regain its sovereignty and that surely isn't allowed.
"With its gold returned, Germany would regain its sovereignty..."
The amount of gold at isssue wouldn't accomplish that. So with them fussing so much about so "little", that should tell you there is a bigger problem.
The finger in the dyke isn't going to work much longer and the rats are in a panic.
Germany -
you mother fuckers aint got no mo' mother fucking Gold...
thats what you get for trusting those fucking MoneyChangers you sent over here long ago to set up the FED...
now, shut up like good little bitches and eat some fucking struddle or sausages...
as for me im still stackin...and i know where my real money is....
DEATH TO THE MONEYCHANGERS....
Germany is still not fully independent country. I suspect that some time in the not so distant past, some MIB's made them an offer to store their gold in FED's vault and Germans were in no position to refuse it.
Uh....Do ya think?
Like maybe in 1946?
We know Hitler didn't store it in New York.
We know that it hasn't been independently audited in New York since 1950.
So... When could it have gone to New York?
Had to be between war's end in 1945 and last audit in 1950.
Gold Nazi, "No Gold For You"
The gold is gone. Fools and their gold were easily parted.
Wut? Everythings fine!
We hold promissory paper!
"We hold promissory paper!"
I'm holding out for "quilted!"
Better never than late?
"I'VE GOT YOUR GOLD RIGHT HERE PHUCKER!"
Now, where's all that unpayable debt I've been stuffing into ye olde Bank of Bullshit?
MOARRRRRRRRRWARD!
These aren't the metals you're looking for....move along.
the non news likely influenced the price
ever so briefly to someone's disadvantage/
advantage, all in a days work I suppose.
God's work, of course
They will at least get the gold the fed took from the Ukrainians and Ecuador. Plus i hear isis has plenty of gold to sell right now.
well I'm sure the German people must love the US after they learned from Snowden we put a bug in Merkel's cell phone and now we've stolen all of their gold. Yeah, I'm sure back in closets and hidden places a lot of them are going through old uniforms and thinking maybe those skulls on the SS hats are wicked looking...and maybe, Heinkel's flying wing had stealth tech and a larger version could have made it to NYC and delivered one hell of a nuclear surprise...Yeah, they're probably thinking those uniforms really aren't qute so dirty and maybe those skulls really do look good...and maybe they're thinking we'll just put them on around midnight come next solstice but only for a few hours...and they'll think about him and remember in their hearts how they loved him...and how it is they can channel him
ah...that was kinda of spooky...
And not entirely fictional I'd imagine.
Germany, China, Russia and just about everyone else except the jews and saudis v. America. If you like your world war, you can keep your world war.
That would only work if they nuked Switzerland and cleaned out the Rothschield vaults. Won't get back what Putin and the Chinese bought, though.
I doubt an ounce of their gold is left anywhere in the US. Trashing the US might be good for Schadenfreund purposes, however.
Someone touched a raw nerve.
If you want your gold you can have your gold - kidding, sorry gotta go and hit the links.
What do you think about tungsten?! With a little plating, it's just as pretty.
God Speed, Peter!
http://www.youtube.com/watch?v=-DT7bX-B1Mg
Note the "0.8% Lower Interest [rate]" sign! I seem to have missed that in the past.
Hm... Funny that no one's mentioned that it could be in Israel...
The socialist retards running Israel are all Keynesians. Ain't gonna find it there.
Shhhhh!
Uh oh.
Simple question to solve this:
Where is the gold?
It will be in the hands of someone other than Germany....or ZH is right.
Don't tell me Putin has it...HAHA
1 Ton of Gold infographics:
http://demonocracy.info/infographics/world/gold/gold.html
I shed a tear everytime I watch this demonocracy video and I've never been to the USA!!!
https://www.youtube.com/watch?v=jKpVlDSIz9o
Why is this not shown at schools and every event possible? We know why but it should be hacked into every computer on the planet IMO.
This just shows the power (or lack of power) that thousands of Germans protesting the Fed have, versus a handful of German officials who likely are being paid to shift their positions.
"You didn't build that and that gold is not yours..."
US gold is in London, like they say, if you are not in possession of it, it is not yours.
In 1919 a German woman medium known as the Dresden Pythia predicted a great war between Japan and America as well as a new European world war. Apparently her patriotism overshadowed her prophetic accuracy, for she predicted that Germany would be the victor over France and England. We may presume that postwar German resentment against the French and English also colored this prophecy::
"Part of the French, Belgian, and German coasts will be flooded. All of England will sink into the sea during a terrible earthquake.... At the same time there will be a reemergence of a great continent in the region of the Azores (the old Atlantis). There will be found traces of an ancient culture. Also at other places will new land emerge from the sea.
http://www.crawford2000.co.uk/early-prophecies-2012-beyond.htm
http://www.dreamscape.com/morgana/phoebe.htm
Are we sure we are not mining gold for the elusive Nefilim to come back and repossess?
http://dublinsmick.wordpress.com/2012/05/10/who-are-the-nefilim-where-di...
if the pivot continues to shift from west to east then she may be proven right... where will Germany pivot to?
"she predicted that Germany would be the victor over France and England."
So, she's really no prophet after all... But, if Russia hadn't existed (pretty sure she would have known about it) then, yes, France and England would have been overrun. But, but... and that's how it always goes, there's always something overlooked, either by some "prophet" or by some "leader."
Is England known to have any significant earthquakes? I wasn't aware of this.
Another Bloomberg story helping the tribe. My guess is this has something to do with Putin's recent press statement about 'securing Russia's and China's gold'. I think they've asked for delivery and Bloomberg has run a story in a attempt to quell public opinion on the logic of gold repatriation in anticipation of a force majeure. Again to help the tribe's banksters.
bloomberg=tribe(member)
"not to worry Buba...ur gold is in the mail, just sign the waiver".
Ben S. B.