/The Fed won't let Germany inspect its own gold

The Fed won't let Germany inspect its own gold

The National Security Agency isn't the only American organization upsetting some Germans. The US Federal Reserve holds 45 percent of Germany's gold assets, and a plan to bring much of that back to its homeland is in jeopardy. Efforts to transport or even audit the billions of dollars worth of precious metal held by the US are being impeded by politics and the Fed itself, creating frustration for many of the plans supporters. RT's Peter Oliver reports from Berlin on what is holding up the process.

by Equedia

Thursday, Jul 10, 2014

1 minute read

The Fed won’t let Germany inspect its own gold

The National Security Agency isn’t the only American organization upsetting some Germans. The US Federal Reserve holds 45 percent of Germany’s gold assets, and a plan to bring much of that back to its homeland is in jeopardy. Efforts to transport or even audit the billions of dollars worth of precious metal held by the US are being impeded by politics and the Fed itself, creating frustration for many of the plans supporters. RT’s Peter Oliver reports from Berlin on what is holding up the process.

Many of our readers have made more than $100,000

Subscribe to our FREE monthly newsletter and see how many of our readers have made thousands in PROFITS with our ideas

Gold Surges as Yields Fall: Why Miners Could Be Next

Gold jumped on August 19 after a surprise U.S. Treasury move pushed bond yields and the dollar lower. The bigger opportunity may now be disciplined gold miners still valued for a much weaker bullion market.

5 min readRead More

Gold Price Swings as Rates and Iran Tensions Collide

Gold reversed Monday’s gain as rising oil prices, Treasury yields and renewed U.S.-Iran tensions pulled the market in opposite directions.

2 min readRead More

The Note That Exposed Everything

A yellow legal pad, a $500 billion circle, and why every road now leads to THIS.

One Number Turned a Forgotten Stock Into a $2.4 Billion Giant. A Smaller Company Just Posted a Bigger One.

America's largest antimony resource was just defined in Nevada — bigger and higher-grade than the deposit the market already values at $2.4 billion.

The Hole That Refused to Quit

West Point Gold drill results just hit 18.25 g/t gold 250 metres down — still open, with a maiden resource weeks away. Here's why it could end in a buyout.

A Trillion-Dollar Trade Hiding in Plain Sight

While the investors argue about chatbots, chips, and trillion-dollar valuations, the institutions are quietly buying the one thing that makes all of it possible: critial minerals.

01/05