Subscribe via RSS Feed

Germany Gives Up Plan To Repatriate Gold From Federal Reserve

After two years of diplomatic struggles and scandals involving the US Federal Reserve, Germany gave up on its attempts to repatriate its gold. In order to save face, Bundesbank issued an official statement that underscores its “trust” in its American partners.

The saga of German gold repatriation started in the aftermath of the European debt crisis, when a grassroots campaign began pressuring the government in Berlin to bring the gold home from New York and London. After a long and difficult media campaign, Bundesbank overcame its initial reluctance and demanded a full repatriation of the Germany’s entire $141 billion gold reserve.

The Fed’s reaction was extremely irritated and the issue of “German gold” became one of the most difficult diplomatic problems in the US-German relations. Every delay and every excuse cooked up by the US Federal Reserve made the campaign for repatriation even stronger, leading to an even deeper mistrust between the parties involved in the conflict.

GoldFinally, Bundesbank was told that it will get its gold back in seven years, clearly showing that the US central banking cartel did something nefarious with the metal it has been entrusted to safeguard. Most likely, the gold has either been sold long ago or “hypothecated” to American banks trading in gold derivatives. According to Bloomberg, after repatriating just 5 tons of gold, Germany gave up.

Bloomberg quotes Norbert Barthle, the budget spokesman for Merkel’s Christian Democratic bloc in parliament, who said that “the Americans are taking good care of our gold. Objectively, there’s absolutely no reason for mistrust.” Critics point out that there are a number of objective reasons for mistrust. One of such reasons is that there never was a German or an independent audit of the German gold store in New York or London. Moreover, the Bundesbank was never able to provide a reason for the lack of audits, claiming that it stores gold “only at central banks of the highest international reputation” and therefore an independent audit is not required.

The decision to halt the repatriation attempts bear the hallmarks of a political concession to Washington. It is very likely that in the long war Berlin will regret this decision because its chances of ever regaining control of its gold are now close to zero. However, there is still some hope left for the German gold. Hours after Bloomberg ran the story about Germany giving up its repatriation attempts, Peter Boehringer, the leader of the “Repatriate our gold” campaign, issued a statement, calling the Bloomberg piece “a ‘non-news’ article with a wrong headline, strange interviewees, old news, and with a clearly apologetic ideological approach.” He also said that the fight to bring the German gold back will continue.

[Source: Russia Times]

There are no better people to run America than European American people. European peoples should be able to organize and advance their own interests just like every other group.


The American Freedom Party (AFP) supports the right to keep and bear arms. Emancipate yourself from the dinosaur Democrat and Republican parties. Join a National Party that puts America first, The American Freedom Party!


Support and maintain American Freedom Party growth and the spread of Western civilization! The American Freedom Party is the only party that addresses issues concerning European-American communities and all Americans.


Nationalism! Not Globalism! — America First! Not America Last!
Freedom from Republicans. Freedom from Democrats. American Freedom Party!

The American Freedom Party needs your help! Send $10, $20, $50, $100, or any contribution you can via PayPal “Send Money” to treasurer@american3rdposition.com or click here:





European-Americans should push back! European-Americans should abandon the Republicans and Democrats. Change your party allegiance to the American Freedom Party. A Nationalist party that shares the customs and heritage of the European American people. We need a Nationalist Party interested in defending our borders, preserving our language and promoting our culture. The American Freedom Party is not beholden to foreign governments, special interest groups, nor Wall Street. The American Freedom Party is for America First!


Category: American Voice, Establishment News

Leave a Reply




If you want a picture to show with your comment, go get a Gravatar.

Top