Germany may look to repatriate the vast amount of gold it currently stores in New York amid concerns over US President Donald Trump’s unpredictable tariff policies, the Telegraph reported on Friday.
The UK-based paper says that a number of senior figures within the Christian Democratic Union (CDU) party, which is slated to lead the next German government after its February election win, have been discussing the possibility of pulling its gold stockpile out of the US, citing an earlier report by German newspaper Bild.
Currently, Germany has the world’s second-largest gold reserves at about 3,350 tonnes, behind only the US and its 8,100 tonnes.
schmeckfest on
Netherlands (number 10 on the list, I believe) should do that, too. Can’t trust the US anymore. Musk, the unelected co-president of the United States, already pushed a conspiracy theory that all the gold in Fort Knox might not even be there. He offered to “investigate” it. You really don’t want Musk “investigating” your gold.
Is it really that hard to build a bunker in Europe where we can stash our own gold?
Squidpunk24 on
What the f&¤k are you waiting for? He will take it, if/when he finds out it is there.
FirstAtEridu on
Austria did that during Trump #1, now half of the gold is at home and the other half in London.
Arthur__617 on
Do it, right now
Basic_Risk167 on
Do it. You can do it Germany 👍👍 Ja ja was is loos das Gold. unt mit ashen Trump ja ja
Social_Needer_91 on
Why the hell countries don’t store gold in their own country?
Better-Associate6054 on
If they have any
garbans on
/simpsons castro “give what back?”
Nurnurum on
Never heard of any substantial plans to move the gold in mainstream german media. I would be surprised if they actually do this.
Araocelaeco on
You can absolutely move it to Portugal, just ask Brazilians how well we handle gold
butwhywedothis on
But first Germans must wear a suit and say Thank You else the Orangeturd and the couchfucker may get upset and put 69% tariff on it.
grafknives on
I wont be surprised it USA responds “Come and get it”
AeneasXI on
Get it out before they use it as a hostage if they ever disagree with anything we do!
Professional-You2968 on
Sorry, I am very ignorant about this, but why the fuck is Germany’s gold in the US?
6gv5 on
They should have done it already. Tariffs aside, the Trump administration can’t be trusted on anything.
CharmingCrust on
Asking for a friend: is it possible for the US to seize and withhold the gold until Germany has paid everything they owe to the US, whatever that means?
BacktooBach on
Lol as if the americans will ever let them actually take it out
Dalcoy_96 on
American bankers: “The what?”
GiggleWad on
Last time they tried that, Nixon said no, and gave everyone some more papers
Bob_Spud on
The logistics of moving it are relatively straight forward, security would be the big problem.
To move by air freight it could all be done in 10 air freight flights using a Boeing 747-8 Freighter.
If they wanted to keep it close to the US and out of Europe – try Canada. It would be one freight train.
linknewtab on
Haven’t we been through this like over a decade ago? I remember it being a huge debate during the debt crisis. I thought this was already done.
typtyphus on
Looks like they understand the principle of “Not your vault, not your gold”
Yubei00 on
What stops him from doing craziest thing. „Your gold? Mine gold”
24 commenti
Germany may look to repatriate the vast amount of gold it currently stores in New York amid concerns over US President Donald Trump’s unpredictable tariff policies, the Telegraph reported on Friday.
The UK-based paper says that a number of senior figures within the Christian Democratic Union (CDU) party, which is slated to lead the next German government after its February election win, have been discussing the possibility of pulling its gold stockpile out of the US, citing an earlier report by German newspaper Bild.
Currently, Germany has the world’s second-largest gold reserves at about 3,350 tonnes, behind only the US and its 8,100 tonnes.
Netherlands (number 10 on the list, I believe) should do that, too. Can’t trust the US anymore. Musk, the unelected co-president of the United States, already pushed a conspiracy theory that all the gold in Fort Knox might not even be there. He offered to “investigate” it. You really don’t want Musk “investigating” your gold.
Is it really that hard to build a bunker in Europe where we can stash our own gold?
What the f&¤k are you waiting for? He will take it, if/when he finds out it is there.
Austria did that during Trump #1, now half of the gold is at home and the other half in London.
Do it, right now
Do it. You can do it Germany 👍👍 Ja ja was is loos das Gold. unt mit ashen Trump ja ja
Why the hell countries don’t store gold in their own country?
If they have any
/simpsons castro “give what back?”
Never heard of any substantial plans to move the gold in mainstream german media. I would be surprised if they actually do this.
You can absolutely move it to Portugal, just ask Brazilians how well we handle gold
But first Germans must wear a suit and say Thank You else the Orangeturd and the couchfucker may get upset and put 69% tariff on it.
I wont be surprised it USA responds “Come and get it”
Get it out before they use it as a hostage if they ever disagree with anything we do!
Sorry, I am very ignorant about this, but why the fuck is Germany’s gold in the US?
They should have done it already. Tariffs aside, the Trump administration can’t be trusted on anything.
Asking for a friend: is it possible for the US to seize and withhold the gold until Germany has paid everything they owe to the US, whatever that means?
Lol as if the americans will ever let them actually take it out
American bankers: “The what?”
Last time they tried that, Nixon said no, and gave everyone some more papers
The logistics of moving it are relatively straight forward, security would be the big problem.
To move by air freight it could all be done in 10 air freight flights using a Boeing 747-8 Freighter.
If they wanted to keep it close to the US and out of Europe – try Canada. It would be one freight train.
Haven’t we been through this like over a decade ago? I remember it being a huge debate during the debt crisis. I thought this was already done.
Looks like they understand the principle of “Not your vault, not your gold”
What stops him from doing craziest thing. „Your gold? Mine gold”