Bars of gold are piled up during a press conference at the German Federal Bank in Frankfurt am Main, western Germany, on January 16. The German central Bundesbank said it will relocate gold stored in the United States and France.(FRANK RUMPENHORST/AFP/Getty Images)
Bars of gold are piled up during a press conference at the German Federal Bank in Frankfurt am Main, western Germany, on January 16. The German central Bundesbank said it will relocate gold stored in the United States and France.
(FRANK RUMPENHORST/AFP/Getty Images)

German Gold Repatriation Signals Economic War

January 24, 2013  •  From theTrumpet.com
But does it signal looming hot war too?
 

On January 16, Germany’s central bank made a startling announcement. It asked for the return of gold stored in America and France. Six hundred and seventy-four gleaming tonnes will be relocated to vaults in Frankfurt.

The statement by the second-biggest gold holder in the world sent a shudder through global markets. Newspapers went into speculation overdrive. Why would Germany ask for its gold back now? Did Germany no longer trust America to hold its gold?

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