In 2013, Germany Asked for Its Stored Gold. HaHaHaHaHa.
By Gary North
The Tea Party Economist
June 27, 2014
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In January 2013, the German central bank asked for half of its gold back. It was being stored by the Federal Reserve Bank of New York on behalf of the German government.
The Federal Reserve said: “Sure. In seven years, maybe.”
This week, the German government said: “We were only kidding. We don’t want our gold. We trust the American government.”
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There has never been a full audit of the gold held by the Federal Reserve or at Fort Knox. “Trust us.”
If the voters in Germany go along with this, they will announce for all the world to hear: “We are dumber than dirt.”
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What happened to “trust, but verify”?
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