bailouts4ever wrote:Something really weird is happening in Germany today.
Within three days Germany's gold reserves moved into the mass media coverage.
Based on a second request by Germany's accounting court the inventory of the 3400 tons gold reserves will now finally be taken. The Bundesbank has given in (based on Jens Weidmann's recent statement one could speculate that they we were more than happy to do it) and will start counting the reserves. Up until now only 80 tons are stored within Germany, the rest of 3320 tons is stored in London, Paris and New York.
Speaking of a lame excuse...
Philipp Missfelder, a politician from Merkel’s own party, has asked the Bundesbank for the right to view the gold bars in Paris and London, but the central bank has denied the request, citing the lack of visitor rooms in those facilities, German’s daily Bild reported.
The Bundesbank won't let German parliament members inspect the German gold vaulted abroad because the central bank vaulting facilities supposedly lack "visiting rooms." And yet one of those vaults, the Federal Reserve Bank of New York, offers the public tours that include "an exclusive visit to the gold vault".