Why Is Germany Repatriating Gold

<div style="background-color: white;"> <h2 style="text-align: center;"> <a href="http://www.vunewyork.net/2015/01/why-is-germany-repatriating-gold.html" target="_blank">Why Is Germany Repatriating Gold</a>?</h2> </div> <iframe allowfullscreen="" frameborder="0" height="315" src="//www.youtube.com/embed/RyALkxe7O-g?rel=0&controls=0&showinfo=0" width="100%"></iframe> <br /> <div style="background-color: white;"> The central bank of German aka Bundesbank stepped up the repatriation of its gold reserves from overseas storage last year.</div> <div style="background-color: white;"> <br /></div> <div style="background-color: white;">  In a statement, the central bank said:  "The Bundesbank continued and stepped up its transfers of gold,"</div> <div style="background-color: white;"> <br /></div> <div style="background-color: white;"> <div> <div class="separator" style="clear: both; text-align: center;"> <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjeU2FZ-OhIaV726aiLxLXFD3GN7jr0DUpboggAXz6kOeGHaNmiyxmpNrGmzoRreV-oN9zQIMfxUt9M3k0DiNtiY3TDr6wOrX7TpYCTZ9cDSYHKFzpfBwzZpuaCLVFadXeeWJMyxKKo5wH/s1600/why+is+germany+repatriating+gold.png" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="296" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhjeU2FZ-OhIaV726aiLxLXFD3GN7jr0DUpboggAXz6kOeGHaNmiyxmpNrGmzoRreV-oN9zQIMfxUt9M3k0DiNtiY3TDr6wOrX7TpYCTZ9cDSYHKFzpfBwzZpuaCLVFadXeeWJMyxKKo5wH/s1600/why+is+germany+repatriating+gold.png" width="320" /></a></div> Under the Bundesbank's new gold storage plan in 2013, it decided to bring back 674 tonnes from abroad by 2020 and store half of its gold in its own vaults.</div> <div> <br /></div> <div> "Implementation of our new gold storage plan is proceeding smoothly. Operations are running very much according to schedule," said Bundesbank executive board member Carl-Ludwig Thiele.</div> <div> <br /></div> <div> "We also called on the expertise of the Bank for International Settlements for the spot checks that had to be carried out. As expected, there were no irregularities," Thiele said.</div> <div> <br /></div> <div> Since the transfers began in 2013, the Bundesbank said it has relocated a total of 157 tonnes of gold to Frankfurt -- 67 tonnes from Paris and 90 tonnes from New York.</div> <div> <br /></div> </div> <div style="background-color: white;"> <br /></div> <div style="background-color: white;"> "In the year 2014, 120 tonnes of gold were transferred to Frankfurt from storage locations abroad: 35 tonnes from Paris and 85 tonnes from New York."</div> <div style="background-color: white;"> <br /></div> <div style="background-color: white;"> Germany's <a href="http://crownmen.com/" target="_blank">gold</a> reserves are the second-biggest in the world after those of the United States and totalled 3,384.2 tonnes this month, according to the latest data compiled by the World Gold Council.</div> <div style="background-color: white;"> <br /></div> <div style="background-color: white;"> For decades the Bundesbank's gold holdings have been kept in the treasuries of other central banks -- in Paris, London and New York.</div> <div style="background-color: white;"> <br /></div> <div style="background-color: white;"> According to the German central bank's own data, 1,447 tonnes are stored at the Federal Reserve Bank in New York, 438 tonnes at the Bank of England in London and 307 tonnes at the Banque de France in Paris.</div> <div style="background-color: white;"> <br /></div> <div style="background-color: white;"> The historical reasons for this are: After World War II and the export revival of West Germany's "economic miracle" in the 1950s, the central bank accumulated dollars it swapped for gold at the Federal Reserve. With Germany split between capitalist west and the communist East German state until 1990, storing most of the gold abroad was a way to keep it out of Soviet reach during the Cold War.</div> <div style="background-color: white;"> <br /></div> <div style="background-color: white;"> But surging mistrust of the euro during Europe's debt crisis fed a campaign to bring home Germany's gold reserve from New York and London, with some political parties fuelling fears the gold might have been tampered with.</div> <div style="background-color: white;"> <br /></div> <div style="background-color: white;"> <br /></div> <div style="background-color: white;"> <h4 style="color: #333333; line-height: 18px;"> <span style="font-family: Times, Times New Roman, serif;">Other Articles Of Interest:</span></h4> <h4> <div> <span style="font-weight: normal;"><a href="http://www.vunewyork.net/2015/01/why-is-germany-repatriating-gold.html" target="_blank">Why Is Germany Repatriating Gold</a></span><br /> <span style="font-weight: normal;"><a href="http://www.vuatlanta.com/2015/01/hole-spotted-on-sun-is-10-times-bigger.html" target="_blank">Hole Spotted On The Sun Is 10 Times Bigger Than Jupiter</a></span><br /> <div> <span style="font-family: Times, Times New Roman, serif; line-height: 18px;"><a href="http://www.vunaples.com/2014/12/medical-breakthrough-or-is-it-science.html" style="font-weight: normal;" target="_blank">Medical Breakthrough Or Is It Science Fiction</a></span></div> <div> <span style="font-family: Times, Times New Roman, serif;"><a href="http://www.vuomaha.com/2014/12/what-does-future-hold-predictions.html" style="font-weight: normal;" target="_blank">What Does The Future Hold - Predictions</a></span></div> <div> <a href="http://www.vuphoenix.com/2014/12/mountain-size-asteroid-on-path-with.html" target="_blank"><span style="font-family: Times, Times New Roman, serif; font-weight: normal;">Mountain Size Asteroid On Path With Earth Russian Scientist</span></a></div> </div> <div> <span style="color: black; font-family: Times, Times New Roman, serif;"><a href="http://www.vurhodeisland.com/2014/12/spinosaurus-new-evidence.html" style="font-weight: normal;" target="_blank">Spinosaurus: The New Evidence.</a></span></div> <div> <span style="color: black; font-family: Times, Times New Roman, serif; font-weight: normal;"><a href="http://www.vumiami.com/2014/11/european-parliament-vote-to-break-up.html" style="line-height: 18px;" target="_blank">European Parliament Vote To Break Up Google</a><span style="line-height: 18px;"> </span></span></div> <div> <span style="color: black; font-family: Times, Times New Roman, serif; font-weight: normal;"><a href="http://www.vutampa.com/2014/11/guy-jumps-on-dead-whale.html" style="line-height: 18px;" target="_blank">Guy Jumps On Dead Whale</a><span style="line-height: 18px;"> </span></span></div> <div> <span style="color: black; font-family: Times, Times New Roman, serif; font-weight: normal;"><a href="http://www.vunaples.com/2014/11/can-eating-these-seven-fish-harm-you.html" style="line-height: 18px;" target="_blank">Can Eating These Seven Fish Harm You</a><span style="line-height: 18px;"> </span></span></div> <div> <span style="color: black; font-family: Times, Times New Roman, serif; font-weight: normal;"><a href="http://www.vuchicago.com/2014/10/bird-rolls-off-car-only-in-chicago.html" style="line-height: 18px;" target="_blank">Bird Rolls Off Car Only In Chicago</a><span style="line-height: 18px;"> </span></span></div> <div> <span style="color: black; font-family: Times, Times New Roman, serif; font-weight: normal;"><a href="http://www.vudenver.com/2014/10/ionic-wind-thruster-new-jet-engine.html" style="line-height: 18px;" target="_blank">Ionic Wind Thruster The New Jet Engine</a><span style="line-height: 18px;"> </span></span></div> <div> <span style="color: black; font-family: Times, Times New Roman, serif; font-weight: normal;"><a href="http://blog.crownmen.com/2014/10/dental-scrap-processing-what-you-need.html" style="line-height: 18px;" target="_blank">Dental Scrap Processing What You Need To Know When You Are Dealing With Gold</a><span style="line-height: 18px;"> </span></span></div> <div style="line-height: 18px;"> <span style="color: blue; font-family: Times, Times New Roman, serif;"></span></div> </h4> <h4 style="color: #333333; line-height: 18px;"> <span style="font-family: Times, Times New Roman, serif;">Real Estate Articles Of Interest:</span></h4> <div style="line-height: 18px;"> <span style="color: blue;"><span style="font-family: Times, Times New Roman, serif;"><a href="http://news.realestatemls.com/2014/12/naples-real-estate-market-statistics.html" style="text-decoration: none;" target="_blank">Naples Real Estate Market Statistics</a></span></span></div> <div style="line-height: 18px;"> <span style="color: blue;"><span style="font-family: Times, Times New Roman, serif;"><a href="http://www.realestate-vu.com/2014/12/naples-real-estate-november-2014-market.html" target="_blank">Naples Real Estate November 2014 Market Report</a></span></span></div> <div style="line-height: 18px;"> <span style="color: blue;"><span style="font-family: Times, Times New Roman, serif;"><a href="http://news.realestatemls.com/2014/11/the-broker-philosophy-naples-real-estate.html" style="text-decoration: none;" target="_blank">The Broker Philosophy Naples Real Estate</a></span></span></div> <div style="line-height: 18px;"> <span style="font-family: Times, Times New Roman, serif;"><a href="http://news.realestatemls.com/2014/11/the-broker-philosophy-naples-real-estate.html" style="text-decoration: none;" target="_blank"><span style="color: blue;">Real Estate Brokers Business Philosophy</span></a><span style="color: blue;"><a href="http://news.realestatemls.com/2014/11/the-broker-philosophy-naples-real-estate.html" style="text-decoration: none;" target="_blank"><br /></a></span></span><br /> <span style="font-family: Times, Times New Roman, serif;"><span style="color: blue;"><a href="http://www.realestate-vu.com/2014/09/naples-real-estate-inventory-is.html" style="text-decoration: none;" target="_blank">Naples Real Estate Inventory Is Declining</a></span></span><span style="font-family: Times, Times New Roman, serif;"><span style="color: blue;"><a href="http://www.realestate-vu.com/2014/10/low-inventory-impacts-market-naples.html" style="line-height: normal; text-decoration: none;">Low Inventory Impacts Market  Naples Florida</a></span></span></div> <h4 style="color: #333333; line-height: 18px;"> <span style="font-family: Times, Times New Roman, serif;">Medical Articles Of Interest:</span></h4> <div style="line-height: 18px;"> <a href="http://naples-md.com/" target="_blank">Naples MD - Cosmetic Surgery and Dental</a><br /> <span style="color: blue; font-family: Times, Times New Roman, serif;"><a href="http://www.naples-md.com/2014/11/non-invasive-skin-tightening-still-not.html" style="text-decoration: none;" target="_blank">Non Invasive Skin Tightening still 'not quite there'</a></span></div> <div style="line-height: 18px;"> <span style="color: blue; font-family: Times, Times New Roman, serif;"><a href="http://dentistryofnaples.blogspot.com/2014/11/dental-implants-fix-loose-dentures.html" style="text-decoration: none;">Dental Implants Fix Loose Dentures</a></span></div> <div style="line-height: 18px;"> <span style="color: blue; font-family: Times, Times New Roman, serif;"><a href="http://www.naples-md.com/2014/11/loose-dentures-think-dental-implants.html" style="text-decoration: none;" target="_blank">Loose Dentures?  Think Dental Implants</a></span></div> <div style="line-height: 18px;"> <span style="color: blue; font-family: Times, Times New Roman, serif;"><a href="http://www.naples-md.com/2014/09/zirconium-new-leader-in-dentistry.html" style="text-decoration: none;" target="_blank">Zirconium, The New Leader in Dentistry</a></span></div> <div style="line-height: 18px;"> <span style="color: blue; font-family: Times, Times New Roman, serif;"><a href="http://dentistryofnaples.blogspot.com/2014/09/the-new-crown-in-town.html" style="text-decoration: none;" target="_blank">The New Crown in Town</a></span></div> <div style="line-height: 18px;"> <span style="color: blue; font-family: Times, Times New Roman, serif;"><a href="http://www.naples-md.com/2014/08/more-research-needed-to-validate-stem.html" style="text-decoration: none;" target="_blank">More research needed to validate Stem Cell use for Cosmetic surgery</a></span></div> <div style="line-height: 18px;"> <span style="color: blue; font-family: Times, Times New Roman, serif;"><a href="http://www.naples-md.com/2014/07/early-detection-key-to-surviving-oral.html" style="text-decoration: none;" target="_blank">Early Detection Key to Surviving Oral Cancer</a></span></div> <div style="line-height: 18px;"> <span style="color: blue; font-family: Times, Times New Roman, serif;"><a href="http://dentistryofnaples.blogspot.com/2014/07/protect-yourself-from-oral-cancer.html" style="text-decoration: none;" target="_blank">Protect yourself from Oral Cancer</a></span></div> <h4 style="color: #333333; line-height: 18px;"> <span style="font-family: Times, Times New Roman, serif;">University Articles Of Interest:</span></h4> <div style="line-height: 18px;"> <span style="color: blue; font-family: Times, Times New Roman, serif;"><a href="http://www.universityvu.com/2014/08/nsf-engineers-grant-co-pis-dr-tanya.html" style="text-decoration: none;" target="_blank">NSF ENGINEERS GRANT – Co PI’s Dr. Tanya Kunberger and Dr. R. Christopher Geiger</a></span></div> <div style="line-height: 18px;"> <span style="color: blue; font-family: Times, Times New Roman, serif;"><a href="http://www.universityvu.com/2014/11/dr-lisa-zidek.html" style="text-decoration: none;" target="_blank">Lisa A. Zidek is the Associate Dean</a></span></div> <div style="line-height: 18px;"> <span style="color: blue; font-family: Times, Times New Roman, serif;"><a href="http://www.universityvu.com/2014/08/selective-program-for-internships.html" style="text-decoration: none;" target="_blank">Selective Program for Internships</a></span></div> <div style="line-height: 18px;"> <span style="color: blue; font-family: Times, Times New Roman, serif;"><a href="http://www.universityvu.com/2014/11/brief-bio-of-richard-behr-engineering.html" style="text-decoration: none;" target="_blank">Brief Bio of Richard Behr, Engineering Dean at Florida Gulf Coast University</a></span></div> <div style="line-height: 18px;"> <span style="color: blue; font-family: Times, Times New Roman, serif;"><a href="http://www.universityvu.com/2014/11/allow-me-to-introduce-myself-my-name-is.html" style="text-decoration: none;" target="_blank">Allow me to introduce myself - My name is Lynn See</a></span></div> <h4 style="color: #333333; line-height: 18px;"> <span style="font-family: Times, Times New Roman, serif;">Other Videos Of Interest:</span></h4> <div style="line-height: 18px;"> <span style="color: blue; font-family: Times, Times New Roman, serif;"><a href="https://www.youtube.com/watch?v=p6mOr1LlHjk" style="text-decoration: none;" target="_blank">Naples Botox Doctors</a></span></div> <div style="line-height: 18px;"> <span style="color: blue;"><span style="font-family: Times, Times New Roman, serif;"><a href="https://www.youtube.com/watch?v=5-nmyzrccbI" style="text-decoration: none;" target="_blank">Naples D</a>entist</span></span></div> <div style="line-height: 18px;"> <span style="color: blue;"><span style="font-family: Times, Times New Roman, serif;">Luxury R<a href="https://www.youtube.com/watch?v=elN3mg0_aMA" style="text-decoration: none;" target="_blank">eal Estate Photography</a></span></span></div> <div style="line-height: 18px;"> <span style="color: blue;"><span style="font-family: Times, Times New Roman, serif;"><a href="https://www.youtube.com/watch?v=gt62VeXVvWc" style="text-decoration: none;" target="_blank">Real Estate Marketing</a></span></span></div> <div style="line-height: 18px;"> <span style="color: blue;"><span style="font-family: Times, Times New Roman, serif;"><a href="https://www.youtube.com/watch?v=po1DATCau14" style="text-decoration: none;" target="_blank">Naples Web Design</a></span></span></div> <div style="line-height: 18px;"> <span style="color: blue;"><span style="font-family: Times, Times New Roman, serif;"><a href="https://www.youtube.com/watch?v=fhRNtRCc3Tk" style="text-decoration: none;" target="_blank">Internet Marketing</a></span></span></div> <div style="line-height: 18px;"> <span style="color: blue;"><span style="font-family: Times, Times New Roman, serif;"><a href="https://www.youtube.com/watch?v=r0qBabVGfJk" style="text-decoration: none;" target="_blank">Naples Real Estate</a></span></span></div> <div style="line-height: 18px;"> <span style="color: blue;"><span style="font-family: Times, Times New Roman, serif;"><a href="https://www.youtube.com/watch?v=q_fk4m7EPEA" style="text-decoration: none;" target="_blank">Dental Gold Scrap Buyers</a></span></span></div> <div style="line-height: 18px;"> <span style="color: blue;"><span style="font-family: Times, Times New Roman, serif;"><a href="https://www.youtube.com/watch?v=gHy0KXXBJzg" style="text-decoration: none;" target="_blank">Luxury Real Estate For Sale</a></span></span></div> </div> <span style="font-family: Times, Times New Roman, serif;"><br style="background-color: white; color: #333333; line-height: 18px;" /></span><span style="font-family: Times, Times New Roman, serif;"><br style="background-color: white; color: #333333; line-height: 18px;" /></span><br /> <div style="background-color: white; line-height: 18px;"> <h4 style="color: #333333; font-weight: normal; line-height: normal; margin: 0px 0px 10px;"> </h4> <h4 style="color: #333333; font-weight: normal; line-height: normal; margin: 0px 0px 10px;"> <div style="line-height: 18px;"> <div> </div> </div> </h4> <h4 style="color: #333333; font-weight: normal; line-height: normal; margin: 0px 0px 10px;"> </h4> <h4 style="color: #333333; font-weight: normal; line-height: normal; margin: 0px 0px 10px;"> <div style="line-height: 18px;"> <div style="color: black; line-height: normal; text-align: justify;"> <div style="margin: 0px;"> </div> </div> </div> </h4> <h4 style="color: #333333; font-weight: normal; line-height: normal; margin: 0px 0px 10px;"> <div style="line-height: 18px;"> </div> </h4> <h4 style="color: #333333; font-family: Oswald, 'Bebas Neue', Bebas, 'Arial Narrow', sans-serif; font-size: 16px; font-weight: normal; line-height: normal; margin: 0px 0px 10px;"> <div style="line-height: 18px;"> <span style="font-family: Times, 'Times New Roman', serif;"><br /></span></div> <div style="line-height: 18px;"> <span style="font-family: Times, 'Times New Roman', serif;">© 2014 - 2015 all rights reserved</span></div> </h4> </div>

Why Is Germany Repatriating Gold

Why Is Germany Repatriating Gold ? The central bank of German aka Bundesbank stepped up the repatriation of its gold reserves from o...

Read more »