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Writers Torgny Persson, Koos Jansen
& Hong Kang See
Guest Post: 47 years after 1968, Bundesbank STILL fails to deliver a gold bar number list
Thursday the 8th of October 2015
Written by Peter Boehringer, initiator of the German campaign “Repatriate our Gold”.
Frequent followers of the German public campaign "Repatriate our Gold“ already know how intensively we have been struggling since 2011 (and longer) with Deutsche Bundesbank to finally – after more than 50 years of external storage of Germany's gold – get credible transparency regarding this matter. Some progress was brought about recently (2012 disclosure of the whereabouts of Germany´s gold by BuBa; 2013 partial repatriation plan announced by BuBa; 2013 and ongoing through 2015 alleged physical repatriation of approximately 200 tons to date – equaling approximately 10% of Germany's gold abroad). But real proof and transparency is still lacking from Bundesbank's side!
One of the oldest demands from our campaign has been (and still is!) the publication of BuBa's gold bar number lists from all four storage locations. Lists that should have been static (i.e. unchanged) since 1968 when Germany's gold accumulation (was) ended; a full three years before the official end of the underlying Bretton Woods system. Yesterday, October 7, 2015; a full 47 years later and after five years of our heavy lobbying against BuBa's ridiculous “security concerns” regarding the publication of the lists, the Deutsche Bundesbank officially and finally did publish a so-called “gold bar list”. The “list-to-end-all-conspiracy-theories” was celebrated both in a BuBa press release “Bundesbank publishes gold bar list” as well as in the (naïve) mainstream media. Confer e.g. Bloomberg “... Continue Reading
By: Koos Jansen
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Thinking about gold? Buy silver in Singapore! Silver has similar characteristics as gold but has even greater upside potential. But is it really a good idea to buy silver when the price of silver has increased significantly over the last years?
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Buy silver in Singapore to get a safe asset with perhaps even more potential than gold. Read this article for more information about silver as investment.
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