The Phaserl


Bundesbank Attempts to Subdue Concerns About Gold Repatriation

by Koos Jansen, In Gold We Trust:

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:

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