Koos Jansen
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Koos Jansen
Posted on 21 Feb 2014 by

Bundesbank Attempts to Subdue Concerns Gold Repatriation

Yesterday I published an interview by German newspaper Handelsblatt with Carl-Ludwig Thiele, Member of the Executive Board of the Deutsche Bundesbank, that was published in english on the website of the Bundesbank regarding the progress of the German gold repatriation process. This publication was clearly an attempt to convince the international audience that there were absolutely no problems in the repatriation process, apart from a slow startup. The BuBa claims to have audited all their gold in the US, and the shipments to Germany, the refining that took place in Europe and the bookkeeping is all according to plan…

Peter Boehringer who founded the German “Repatriate our Gold” initiative wrote me his comments on this interview and gave me permission to publish it:

Repatriate our gold

Handelsblatt has not asked the crucial questions and also gave Mr Thiele the chance to easily NOT answer the few relevant questions and to repeat the semi-truths he and his predecessors have been repeating for many years now. I concur with the important questions you have formulated – and of course we can think of many more for Bundesbank.

What is also interesting is the following:

a)  This interview first showed up ONLY in the PRINT edition Handelsblatt (Feb 19, 2014). Due to it not being online for several days and due to its inadequacy / irrelevance / missing news in it I chose to ignore it this time.

b)  A few small news-agencies published EXCERPTS on their online pages – albeit very brief ones.

c)  It was BuBa ITSELF who now has posted online a full English translation of the lengthy interview on their very own website (which is unusual and clearly a reaction to Koos Jansen´s translation of my latest BuBa-gold blog into English http://www.ingoldwetrust.ch/bundesbank-changes-gold-repatriation-schedule ). They HAD to react in English…

d)  This clearly shows that the interview message Everything is fine with our gold – nothing to worry about, nothing to see here – please disperse!” [as in this scene from “The Naked Gun” http://www.youtube.com/watch?v=5NNOrp_83RU ] was ESPECIALLY intended for a (naïve) INTERNATIONAL audience.

e)  BuBa knows exactly that -in Germany- hardly any (Internet) reader still believes the official BuBa version re its gold. BuBa therefore by now is far less concerned about the German online audience than about their INTERNATIONAL reputation which has a lot to do with its INTERNATIONAL credibility re the handling of the German gold (repatriation)! Hence the ENGLISH online version.

f)  Additional comments from my side: In his interview, Mr Thiele as always gives NO SHRED of evidence re his statements / allegations: This time he mentions an “audit team”, his own “observations on site in the Fed vault”, “an external auditor [present ‘some of the time’ of ‘a’ audit]”, “new audit rights of BuBa´s internal audit department [no details given]” etc etc.  All these statements would be SO EASY to prove. But no single audit report is being published, we still do not know any single bar number not even of now-melted-and-recast bars, we do not even know ANY single NAME of an internal or external auditor. No one obviously is willing to give a signature under any of Mr Thiele´s unproven claims! No single photo or video footage of any US bars now in Germany as claimed by BuBa.
=> This is absurd “business as usual” from BuBa´s side: we have been experiencing this type of reaction & “non-transparency” for many years now! Clearly arrogant and inadequate and (in my opinion based on applicable German auditing laws) ILLEGAL behavior of BuBa´s! We need a full disclosure of all bar lists & transactions of gold material from/to BuBa vaults going back to at least 1999. And a valid signature by a non-anonymous reputed external auditor under a physical audit report re all of BuBa´s gold material abroad as well as in Frankfurt. In addition to a valid confirmation that no material is currently being leased out by either BuBa itself or by its “storing partner banks”.

g)  Finally it is important to point out a very brief response of Mr Thiele´s in his interview: “We now consider ourselves bound to the new gold storage plan [from 2013 – repatriation of 700 tons by end 2020].
=> This automatically and now officially confirms (what we had said from the very beginning): BuBa has now given up the short-term target [from first plan from 2012] of repatriating but a mere 150 tons from NY by 2015. [of course BuBa could still deliver on this ridiculously small promise – but with this interview, Thiele now has officially abandoned the short-term repatriation plan in favor of another one he (or his successor) will not have to deliver upon within the next 6.5 years…]

h)  We also could and should ask ourselves whether Thiele’s statement “I saw myself how our money is stored there in the vault” was a Freudian slip? Or whether somebody at BuBa –after decades of denying– finally has come to the goldbugs´ ultimate conclusion “gold = money“?!

Peter Boehringer

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  • Beowulf

    sucks to be Germany…………possession is 99% of the law.

  • Uncensored Comments

    The Germans have never been particularly successful at implementing Final Solutions

  • svoboda59

    “I saw myself how our money is stored there in the vault” he actually saw the a paper gold certificate ;-)

  • kass

    Suggest the freudian slip you propose is just a translation issue. Geld in German means both money AND gold. Nice, the equivalence so many undrstand is built in! : )

    • Uncensored Comments

      The German word for “Gold” is ……… wait for it……….. “Gold” (not Geld)

      Think “Das RheinGold“, as in Wagnerian Opera. http://en.wikipedia.org/wiki/Das_Rheingold

      And if you really don’t know what the hell you are talking about, why not just STFU?

  • gerry d welder

    …and then there is the other giant vampire squid no one talks about:

    Why can the IMF get massive amounts of new gold for themselves and Germany can’t even get it’s OWN gold back?

    10 nations that control the world’s gold – MarketWatch
    Oct 20, 2012 … The International Monetary Fund is the third-largest official holder of gold, with more than 2,814 tonnes.

    The IMF is yet ‘ANOTHER’ UN agency, it is not a ‘nation’, it has been deemed ‘supranational sovereignty’ (deemed by the UN, and the ‘International Court of Justice’ -yep, another UN agency). so the, now behemothic, UN creates an agency to deem itself and it’s other agencies supranational sovereignty over the world, seizes control of other nation’s resources and makes it’s own laws, decides it needn’t pay any tax nor provide any revenues -sweet deal if your a UN employee.

    The IMF is the third biggest holder in the world of gold after the USA and Germany(except Germany can’t have it) – (where did IMF get all that gold? … ask NATO? or the Federal Reserve?).

    The IMF is supposed to help struggling countries with the gold but instead the world is going broke while the IMF is getting fantastically wealthy, more powerful and authoritarian and is demanding more world taxes while it’s own hoards of gold pile up.

    It’s no longer ‘the’ gold, it’s now ‘their’ gold.

    YOO HOO!

    Lagarde’s (IMF) salary is over $800,000 + per year PLUS thousands in ‘stipends’. and she PAYS NO TAX.

    “most UN employees pay no tax”.

    The IMF and World Bank are UN agencies of now countless agencies, commissions and organizations, one big Trojan Horse and tool of a few dynastic families, sucking the wealth, sovereignty, freedoms and life out of the world.

    We have to stop giving credibility and decision making powers to unelected foreign entities that we are forced taxed to fund while they supplant our own country’s laws and sovereignty and take control over our resources.

    Time to take away the UN’s ‘supranational sovereignty’,

    …time to take back control of our own country’s law making ability, waterways and national parks and de-fund the UN, kick them out of our country, claw back pensions and restitution of it’s assets, starting with the IMF’s gold hoard.

    The IMF has abused it’s own mandate, is using the now huge hoard of gold for it’s own power and increasing authority and needs to be dismantled and the gold removed from their vaults.

    Time for Germany to get it’s gold repatriated, maybe it will take pitchforks and torches.

    The UN and it’s agencies, the IMF and World Bank, produce nothing, are not subject to the laws of any country it operates in, pays no tax, generates no revenues, is confiscating your wealth through taxes and complicit federal government agencies.

    The UN is ramming ‘Agenda 21′ and ‘Common Core’ down the throats of the world, the UN’s World Bank is complicit in forcing poor farmers off their own land in Africa and South America for corporate and university endowment ‘tree farm/carbon credit’ investments, is deeming sovereign resources off limits, trying to eliminate (citizen’s only) the right to bear arms, our country’s sovereignty and our individual freedoms and now trying to force a ‘world’ climate change tax and ‘world’ wealth tax on us AND under the guise of saving us from asteroids, the UN is NOW trying co-opt the US space program, it’s technology, resources and MORE OF OUR TAXES.

    A ‘one world currency’, ‘world bank’, open borders, ‘World Wealth Tax’, ‘Global’ warming Tax, ‘World Arms Treaty’, NATO (one world military), and the UN making global laws – that supplant our own laws, US Constitution and Bill of Rights, are for the purpose of destroying sovereignty of nations.

    Notice the elimination of individual accountability? ‘NATO’ decided this or that, the ‘UN’ deemed this or that, and we must all comply regardless of our rights, freedoms and laws of OUR OWN COUNTRY. Any elected official that your taxes fund needs to be thrown out if they support the UN. The working tax payer needs to be mobilized against funding the UN.

    ‘A monarchy is that which calls itself a monarchy’

    Only if citizen’s are stupid enough to allow it.

    Know Your Enemy (Part 63 – The United Nations Background)

    Know Your Enemy (Part 64 – The Spiritual United Nations)

    Know Your Enemy (Part 65 – The World Core Curriculum)

    Know Your Enemy Part 66 – Alice A Bailey – By The Fuel Project

    youtube: Know Your Enemy (Part 67 – The War on Parents)

    Check out the other related videos and share

    Listen to the last 3 minutes and ask why NOT A WORD FROM THE UN:

    youtube: The Rothschilds Exposed 3/3

    And a co-conspirator of the Rothschilds:

    “We are grateful to The Washington Post, The New York Times, Time magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years. … It would have been impossible for us to develop our plan for the world if we had been subject to the bright lights of publicity during those years. But, the world is now much more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries. ”

    -David Rockefeller, Baden-Baden, Germany in June 1991

    Wikipedia:

    The United Nations Headquarters complex was constructed in stages with the core complex completed between 1948-1952. The Headquarters occupies a site beside the East River, on 17 acres (69,000 m2) of land purchased from the foremost New York real estate developer of the time, William Zeckendorf, Sr. Nelson Rockefeller arranged this purchase, after an initial offer to locate it on the Rockefeller family estate of Kykuit was rejected as being too isolated from Manhattan. The US$8.5 million (adjusted by inflation US$82.6 million) purchase was then funded by his father, John D. Rockefeller, Jr., who donated it to the city.[6] Wallace Harrison, the personal architectural adviser for the Rockefeller family, and a prominent corporate architect, served as the Director of Planning for the United Nations Headquarters. His firm, Harrison and Abramovitz, oversaw the execution of the design.[7]

    With their huge international investment exposure and influence, wouldn’t you expect the Rothschilds and Rockefellers to be just a little more concerned and vociferous, as the world ‘s economic structure is crumbling toward chaos and war and people’s freedoms are systematically taken away?

    Unless they are orchestrating it (have they already ducked into their D.U.M.B. personal accommodations, paid for by the US taxpayer?)

    When will there be a in-your-face confrontation with these puppet masters?

    • Jake

      And the IMF has a vault to hold its supposed Gold? A vault that is audited by credible third parties?

      HaHaHa Talk is cheap. In all likelihood, at best, the IMF has pieces of paper saying someone owes them Gold.

      Again, HaHaHa.
      And this is the agency that is going to oversee the Global Currency Reset?
      An agency that had its former director removed in a blatantly falsified manner.
      An equally questionable current director.

      The IMF is a farce. Like the World Bank and the U.N.
      It’s a polemic village.
      They’re artificial constructs created by the elites to further an agenda.
      They have no credibility.

      • Uncensored Comments

        “Talk is cheap” –

        yes it is – KITCO is apparently fielding 17 year olds as PM “guru”‘s (their words, not mine) nowadays – http://www.kitco.com/news/video/show/on-the-spot/554/2014-02-21/Gold-Market-Is-Just-Scarred-Can-Be-Healed-ForexLive-Editor

        “Japan is coming back….. with a dynamic leadership”

        Yes, he actually said that. Kids, eh!

      • gerry d welder

        US citizens (working and paying taxes) fund 22% of the entire UN world budget & our ‘federal’ regulatory is also back door funding the UN (with your taxes). We have been funding the United Nations University Institute for Sustainability and Peace (UNU-ISP) since 1972. How’s that sustainability & peace working out? How many of their ‘professors’ & administrators are now comfortably retired on obscenely fat tax funded pensions? The UN includes the ‘World Tourist Agency’, and it is tax funded, WTF?

        When our own US citizens were furloughed, why wasn’t the massive 22%++ of US tax funding of the UN and it’s countless agencies, organizations and commissions withheld or even mentioned by MSM?
        Wiki the UN and see how HUGE it is with all of it’s agencies, commissions and organizations. Ane each comes with their own building complexes, vehicles, support complexes, travel, security, food and energy expenses. Now re-read my post and see what they contribute back into each country they operate in.

        • gerry d welder

          Wikipedia the UN and see how HUGE it is and each comes with their own building complexes, vehicles, support complexes, staff, travel, security, food and energy expenses, conferences AND the now tens of thousands of UN retirees (mostly foreign) and their pensions, perks and benefits. Now RE-READ my post and see what they contribute back into each country they operate in.

          YOO HOO

          WAKE UP, maybe next time you look at your pay check

          Why the isn’t MSM all over this?A co-conspirator of the Rothschilds explained it years ago:

          “We are grateful to The Washington Post, The New York Times, Time magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years. … It would have been impossible for us to develop our plan for the world if we had been subject to the bright lights of publicity during those years. But, the world is now much more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries. ”

          -David Rockefeller, Baden-Baden, Germany in June 1991

          Wikipedia:

          The United Nations Headquarters complex was constructed in stages with the core complex completed between 1948-1952. The Headquarters occupies a site beside the East River, on 17 acres (69,000 m2) of land purchased from the foremost New York real estate developer of the time, William Zeckendorf, Sr. Nelson Rockefeller arranged this purchase, after an initial offer to locate it on the Rockefeller family estate of Kykuit was rejected as being too isolated from Manhattan. The US$8.5 million (adjusted by inflation US$82.6 million) purchase was then funded by his father, John D. Rockefeller, Jr., who donated it to the city.[6] Wallace Harrison, the personal architectural adviser for the Rockefeller family, and a prominent corporate architect, served as the Director of Planning for the United Nations Headquarters. His firm, Harrison and Abramovitz, oversaw the execution of the design.[7]

          With their huge international investment exposure and influence, wouldn’t you expect the Rothschilds and Rockefellers to be just a little more concerned and vociferous, as the world ‘s economic structure is crumbling toward chaos and war and people’s freedoms are systematically taken away?

          Unless they are orchestrating it (have they already ducked into their D.U.M.B. personal accommodations, paid for by the US taxpayer?)

          The Jawa Report: But But Discussion of Muslims Still…

          mypetjawa.mu.nu/archives/217148.php

          October 24, 2013

          Discussion of Muslims Still Enslaving Blacks in Sudan is Racist Against Islam

          And you can always excuse modern racist Islamic slavery going on today, with discussion of past slavery practiced by non-Muslims.

          Huffpo:

          I’m left puzzled by the actions of the United Nations and conferences like Durban. Why are the calls for help from the black Africans of Sudan not discussed? According to Deng the UN was well aware of the enslavement of South Sudanese by the Arabs.

          Interview: Kathryn Bolkovac of “The Whistleblower” on Human …

          pogoblog.typepad.com/ pogo/ 2011/ 10/ interview-kathryn-bolkovac-of-the-whistleblower-discusses-trafficking -scandal-new-film.html – View by Ixquick Proxy – Highlight

          Oct 12, 2011… her fellow U.N. peacekeepers were complicit in the rape and trafficking … untold side of the scandal

          The Whistleblower (2011)

          G. Edward Griffin on the United Nations

          United Nations Corruption and the Need for Reform | Foundation for …

          http://www.defenddemocracy.org/ united-nations-corruption-and-the-need-for-reform/ – View by Ixquick Proxy – Highlight

          The United Nations is a hotbed for corruption and abuse. … Following the Oil-for- Food scandal, in which the U.N. profited from and covered up for billions in …

  • Hogan

    The Bundesbank = Sgt. Shultz & Cnl. Klink

  • John Manfred

    You gold bugs types are really naive and innocent. Do you really believe that Buba would or even should admit that its gold has been stolen, or illegally “loaned” to the likes of JP Morgan and Goldman Sachs. Worse yet, do you actually think they would admit that they consented to the gold loans without the assent of the German Bundestat? You should remember that all of the world’s currencies are essentially derivatives that are piggy-backed upon a US dollar base. If Buba admits that the US Federal Reserve vault has no gold left, or, at least, not enough to repatriate gold to Germany while stabilizing the price of gold for a little while longer, the entire world financial system would collapse. Obviously, they are going to give the Fed, and its bankster minions, as much time as needed for the purchase of gold in the open market.

    Keep in mind that the Fed must deliberately induce dramatically higher gold prices within a few years. Otherwise, the toxic waste bonds it holds on its balance sheet will cause it to become insolvent. Gold is the only asset the Fed has to balance the insolvency. Accordingly, they will eventually act to dramatically raise gold prices by repurchasing the German gold, and the rest of the 6,000 or so tons that is supposed to be in “safe-keeping” for foreigners, but which was actually given to the casino bankers. They don’t want to do right now, because a sudden big increase in gold prices now will result in a sudden US dollar collapse along with it. But, the fact that they are planning to dramatically increase gold prices, becomes clear when you look at the paper gold market. All their primary dealers used the April, 2013 manipulation event to flip from heavily short to long gold.

  • Stg. Shultz

    Hogan! …. how come China can buy 1,100 tons in 1 year on the open market while the FED can only come up with 5 tons during the same time period! …. Hogan! …… I know Nothing!… Hogan!.

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