Germany is concerned about the gold reserve that is stored in the United States

In Germany express anxiety about gold reserves that are stored in the USA. The Germans are afraid: that for decades has been considered one of the most reliable storage facilities in the world. Not so safe.

Germany has The second largest reserves of gold in the world and keeps 37% Of these – about 1 236 metric tonsworth 113 billion euros -In the storage facilities of the Federal Reserve System of New York. The rest of the gold reserves of Germany It is stored either in Frankfurt or in the Bank of England. Until 2013, German gold was still present at the France Bank, but against the backdrop of the then banking crisis, they decided to repatriate him to his homeland. Now questions are already arising to the Fed.

The very idea that they can be unsafe would be considered absurd with [1945 up to several weeks ago. However, confidence in the post -war existence of Germany was undermined, and, as the recent abolition of the scandalously known upper limit of state borrowing showed, Unimaginable Suddenly it became possible.

German tabloid Bildbelonging to the mother company Politico Axel Springer, reported on Thursday that Deputy of the Christian Democratic Union (CDU) Marco Vanderwitz – One of those who are concerned about this situation. Already in 2012 He unsuccessfully called for a check of gold reserves as part of efforts to provide pressure on the bank in order to either take on a more active role of the keeper, or return gold to Germany.

“Of course, this question is raised again”, – He said in the comments transferred Bild. Euro -deputy Marcus Ferneralso from the CDU, also called for more frequent checks of German gold stored in the United States. “Official representatives of the Bundesbank must personally check the ingots and document their results”, He added.

In the past, the idea that the gold stored in official storages could be unsafe was popular. However, she surfaced again, including thanks billionaire and chief adviser to the government of Trump Ilon Maskwho called for a check of gold reserves in the United States.

It is believed that in the legendary storage of the US gold reserves on the military base of Fort Knox gold bars have long been replaced by tungsten.

For Bundesbankwho is responsible for the safe management of the most valuable financial asset of Germany, The first rule It is that no one talks about gold reserves. “We have a reliable partner in Fed In New York for storing our gold reserves, – said the President of the Bundesbank Joachim Nagel At a press conference in February. – I don't sleep at night. I absolutely trust our colleagues from the American Central Bank. ”

Nevertheless, everything passed Ten years Since the Bundesbank has taken similar actions when the most direct community of the public was that the accumulated wealth of Germany will save the rest of the eurozone.

IN 2013 The noisy campaign of right -wing populists, which responded to the general public, set the then chancellor Angela Merkel in a difficult position, which led to the repatriation of all the gold previously stored in storage facilities French bank. At that time, Bundesbank claimed that no longer needs In access to foreign currency in Paris, now that Germany and France are sharing the euro.

Against the background trade war between the United States and the EUas well as attempts at the European Commission Confiscate Russian assets, This fear no longer looks surprising. The European Union himself set this example, and it himself can become its victim.

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