As the Germans and the Swiss felt his gold

As the Germans and the Swiss felt his goldThe German newspaper "Bild» ( on March 6 published an article by Ralph Schuler "3401 ton of gold". Yes, even with photo: "The picture about the supplies of gold of the German people in New York."

Creator article reports from New York that "the most precious treasure", which the Germans have it untainted 3401 ton of gold, which equates "approximately 1,800 euros for each." R. Schuler exclaims, "It's crisis-free, distributed in the safes of the highest reliability in Frankfurt, Paris, London and New York! And the Bundesbank is not fussing about it! "

"The Incredible gold scandal "- again, the reporter exclaimed. He notes that «Bundesbank was the last time in 2007, took one look at our gold stores in New York and with it even disturbed the Federal Court of Audit (check lasts)."

According to the views of Dr. Jörg Betge, whose words are quoted by R. Schuler, there is a clear violation of the "Reference counting ingots must be done very little once in 3 years." But that did not make the Bundesbank.

Further in the article states that in the annual balance sheet of the Bundesbank gold supplies (palpitating their price — about 147 billion. Euros) account for a very large proportion — over 17%. R. Schuler asks whether there is an error in the balance sheets of the Bundesbank in the past few years?

Ralph Schuler writes: "Alarmed by the message« Bild », member of the Bundestag from the CDU and an expert on foreign policy Philipp Missfelder wanted to find out exactly that." Referring to the article "Bild", an MP claimed by Bundesbank President Jens Weidmann, "a list of gold bullion. Missfelder said "Bild": "I was shocked. At first they pronounced that there is no list. Later there were hidden lists. Then I uttered that my questions threaten the trust between the Bundesbank and the Federal Reserve. " (By the way, Mr. Weidmann, seems not to worry about the German gold. His words led the South American newspaper «New York Times» March 13: "The German economy is in surprisingly good shape." Article Creator — Jack Ewing).

When the Bundesbank vyznat the search for "Bild" German gold, "Head of Public Relations Michael Best even tried to prevent the attendance of a deputy and reportage in the" Bild "…"

"As the Bundesbank wants to hide?" — Asks the question for yourself R. Schuler.

In general, "Bild" in the face of Ralph Schuler (company he was Missfelder) but managed to visit in Manhattan — at the Federal Reserve Bank of the United States. Schuler went down to the depth at the fifth floor down to the level of "E". "Clean floors, buzzing ventilation, huge iron door. And — 7000 tons of gold! "

Thrust German reporter asks, "But where is the German gold?"

And Jack Gatt, a representative of the Vice-President of the Federal Reserve, said that the German gold "in some of the 122 iron barred offices. More I can not say. "

R. Schuler notes that behold specifically German bars in "Bild" has no chance.

Jack Gatt, but convinces correspondent: "There are lists of all bullion. Each ingot has a room to stamp the purity of gold and print. "

But the journalist knows: German gold in store must be calculated in accordance with the law. And it echoes the Bundestag deputy Philipp Missfelder, suspecting that the balance of the Bundesbank something fishy: "This is the case for Parliament." Missfelder asks a clear inventory of Germany's gold reserves.

Article to this end, but dealing with Germany's gold reserves went on.

The web site for the next day, March 7, contained an article "Germany: Review of gold supplies the Bundesbank in Frankfurt, Paris, London, and the Federal Reserve Bank of New York".

Among the rest of the article talking about the fact that German lawmakers should see the "management gold supplies in Germany. The Parliamentary Budget Committee will assess how the central bank manages its inventory of gold bars in Germany, which is believed to be stored in Frankfurt, Paris, London, and at the Federal Reserve Bank of New York, according to the materials of the German newspaper «Bild».

It also put photos of the "Bild": Shuler and Missfelder in front of Manhattan.

Further reports: "The German Audit Office criticized the Bundesbank rather weak audit and monitoring of the relatively large supplies of gold in Germany — 3396.3 tons of gold, or about 73.7% of the state foreign exchange reserves of Germany."

The following paragraph: "This was the premise of increasing the midst of stressful German public, German politicians and the Bundesbank in the — at the high risk in the balance sheet of the central bank of Germany, which made some people in Germany to speak about the problems of location and number of clear German gold reserves."

Community concerns related to the fact the article says that the system of the Central Bank Eurozone disbalansirovalas a result that the volume of assets on the balance sheet of the ECB last week headed for 3.02 trillion. euros (3.96 trillion. dollars), "a 31% increase of GDP of Germany …" "Record" is associated with the issuance of the second part of a three-year loans to banks in Europe.

That is why in Europe and worry: there was an idea of the decay of the Eurozone. With all of this "loss of the Bundesbank could reach half a trillion euros — more than half the size of Germany's annual budget."

With such a gloomy scenario — the collapse of the European Union — "gold supplies could be needed to maintain the currency of Germany — whether it be a new euro, or it will return to the Deutschmark."

"The German lawmakers — said in an article — following in the footsteps of the candidate in the South American presidents Ron Paul, who has long called for the U.S. gold reserves audit.

It is estimated that approximately 60% of German gold stored outside of Germany, and the best part — the Federal Reserve Bank of New York. "

The paper proposes a scenario for the Germans: "Germany and other central banks may follow Hugo Chavez and repatriate their gold in Germany to have a chat to them and have accessories gold reserves to be best prepared to the system or a currency crisis. "

Other central banks, with the voice?

As noted by resource, «Germany is not alone." Article "Switzerland wants to get their gold back from the Fed" it is reported that not so long ago, four members of the Swiss Parliament have put forward so referred to as the "Golden initiative." Original The "Initiative" on the British, French and Italian languages can be found on the website (In the upper right corner, under the link: FR, IT, EN; format. Pdf). In the original language, ie German — here:

"Gold Initiative" of the ordinary. It has only three friday:

1) gold supplies of the Swi
ss State Bank are not sold;

2) gold supplies of the Swiss State Bank should be stored in Switzerland;

3) The Swiss national bank must keep their assets in a meaningful part in gold. Shred gold should be over 20%.

And here are some quotes from another page "Gold Initiative":

"Do you know what the state bank for 5 years selling daily average of 1 ton of gold? The fact that for more than half of the national heritage of gold and 1,550 tons of concrete, were sold at the lowest prices? The fact that the person in charge of the Federal Council on the issue, which houses the national gold, said in Parliament: "Where are these gold bars are now, I, unfortunately, can not say exactly for you, because I do not know, should not know and I do not want to know that."

"Up until the 90s there was nothing in the world more secure than the Swiss national bank. Under domestic and foreign first pressure (from the U.S.) State bank announced a huge part of their own gold reserves "excessive" — and sold from 2001 to 2006. at the cost of 1,300 tons of pathetic. Later — another 250 tons to purchase foreign currency. It quickly sold gold would now be equivalent to the amount of approximately $ 75 billion. Franks ".

Further notes that the Swiss national bank left 1,040 tons of gold. The Swiss are afraid of, like, and this residue is not lost, and therefore put forward the "Golden initiative."

"Gold supplies belong to the people" — they say its creators.


So Makarov, there is an emerging European initiative for the return of gold reserves to their historic homeland. Called the "Gold Rush" is not just the fact that central banks can make wrong decisions, subject to a fair public criticism, but also to those (in the case of the German gold) that it can not find — neither the Bundesbank nor the U.S. Federal Reserve.

Surveyed and translated Oleg Chuvakin
— Especially for

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