by Chris Powell, GATA:
Dear Friend of GATA and Gold:
Correspondence between the German financial journalist Lars Schall and Germany’s Bundesbank suggests that the small amount of gold the Bundesbank claims recently to have repatriated from the Federal Reserve Bank of New York was not returned in the form in which it was deposited many years ago — that, indeed, the original German gold was not and is not available to be returned because something undisclosed was done with it.
Schall’s correspondence with the Bundesbank is appended along with a statement by Peter Boehringer of the German Precious Metal Society and a leader of the movement in Germany seeking repatriation of the country’s gold supposedly vaulted abroad, who raises questions the Bundesbank has yet to answer.
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