It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by Senduko
The whole gold thing is kinda strange though. I mean really; don't you think by now we could make artificial gold?
Think CERN
Think those black budget projects; If I was in charge and I knew our gold was getting depleted, I know in what I would invest.
Originally posted by tmeister182
All countries that have gold at the fed have to band together and sue the fed in a European international court of law. The fed is not a branch of the US government but a privately owned corporation and this makes it vulnerable to being sued. When they win their case the fed will be required to give them their gold and the genie will be out of the bottle as the chance of the fed having the gold is near nil.
Originally posted by MidnightTide
Come on Germany, don't get mad, the FED said you will get your gold in SEVEN years.
Originally posted by hellobruce
Originally posted by MidnightTide
Come on Germany, don't get mad, the FED said you will get your gold in SEVEN years.
Actually, the fed never said that at all, Germany is the party that set the timeline, but do not let that fact stop your silly conspiracy theory.
Originally posted by hellobruce
Originally posted by Snsoc
The last time that other countries demanded their gold from the US was in 1971. France sent a battleship to pick theirs up.
Wrong again, the last French battleship was decommissioned in 1968, scrapped in 1970!
Originally posted by MidnightTide
The gold is gone and all that is window dressing so the German people won't get pissed off
Dispelling conspiracy theories During the height of the Cold War in the 1950s and 1960s, West Germany feared an invasion by the Soviet Union. In order to ensure that its gold would not fall into enemy hands, the West German government divided its reserves among the Allied powers. Some 374 tons of gold were deposited in Paris, 450 tons went to London, and 1,500 tons were sent to New York City. There has been an ongoing discussion about how Germany's gold reserves should be stored, and whether or not they even exist at all. Fritsch said that the German Central Bank, “with its lack of transparency,” is partially responsible for the spread of these conspiracy theories. If the Central Bank had regularly done its own inventory of its gold reserves, then it would have been able to take the wind out of the sails of the conspiracy theorist, according to Fritsch. “In this way, the partial repatriation of Germany's gold reserves will help cool down the debate,” he said. Gold reserves safe and sound Carl-Ludwig Thiele, who sits on the German Central Bank's board of directors, said that he was able to personally access Germany's gold reserves deposited abroad. He tried to assure the German public that the gold reserves are safe and accounted for. “Everywhere we were welcomed with open arms,” Thiele told a press conference in Frankfurt. “We were shown the inventory lists and inspected individual gold bars, which were then crosschecked with those lists.” Now that the Cold War is over, Germany no longer has to store its gold reserves abroad to ensure their safety in the event of a Soviet invasion.