‘Repatriate the gold’: German economists advise withdrawal from US vaults | Germany

65 points by LynnK0919 14 hours ago on reddit | 9 comments

Tamination | 14 hours ago

Bold move. Germany should do it.

BoboCookiemonster | 11 hours ago

We won’t get anything.

SkyMarshal | 9 hours ago

Either you'll get your gold back, or you'll expose a giant fraud in the heart of the US financial system. Either way it will teach Trump and his supporters a lesson.

BoboCookiemonster | 9 hours ago

Teach implies an ability to learn I do not trust them to have.

Tamination | 11 hours ago

It's probably all stolen.

Character-Dot-4078 | 9 hours ago

Stolen like your common sense?

Tamination | 5 hours ago

Bud, no one ever agrees with what you're saying, maybe get the hint.

Do. It.

hughk | 7 hours ago

Even to move a fraction of the German gold sitting in the Fed back to Germany would send a message.

Gold's reason for central bankers as collateral is less important these days. The same can be done with sovereign bonds with fewer problems as they tend to be dematerilised (held at a central securities depository so ownership is tracked electronically).