German Calls for Gold Repatriation Intensify As Fed Refuses to Allow Inspection
Obviously, the Fed’s refusal to comply “in the interest of security” is a complete fabrication and obfuscation, what what is Germany going to do? Rush out and tell the world the processes by which the Fed “operates”? Doubtful. As the article correctly observes, the real underlying concern is whether the gold is even there, or, to put it in different terms, has been stolen or re-hypothecated so many times that recovery – even if it is there – would be virtually impossible.