Germany Is Taking Back Gold from the United States

The German Central Bank’s (Bundesbank) member of the board Carl-Ludwig Thiele presents gold bars during a press conference at the headquarters of the German Central Bank (Bundesbank) in Frankfurt, Germany on February 9, 2017. (Abdulselam Durdak/Anadolu Agency/Getty Images)

 

… and it’s ahead of schedule.


The German Central Bank announced on Jan. 16, 2013, that it would relocate the gold from New York to Frankfurt. This decision was made after the U.S. Federal Reserve refused to submit to an audit of German gold held in U.S. vaults. The Germans initially estimated it would take seven years to repatriate the gold, but in yesterday’s announcement, they revealed that they had completed the task four years ahead of schedule. Continue reading

Germany’s New Propaganda Bureau — Big Brother is Watching YOU!

 

  • A married couple, Peter and Melanie M., were prosecuted and convicted in July 2016 of creating a Facebook group that criticized the government’s migration policy. Also, in July 2016, 60 people suspected of writing “hate speech” online had their homes raided by German police.
  • None of the above seems to be enough, however, for the president of the Bundestag, Norbert Lammert, from Angela Merkel’s CDU party, who believes that what Facebook is already doing against “hate speech” is not enough. According to the CDU politician, there is a need for more legislation.
  • The German government’s view of what constitutes “hate speech” is highly selective and appears limited to protecting the government’s own policies on immigration from legitimate criticism.

  • Firebombing a synagogue, on the other hand, is simply an “act of protest”.

Officials in Germany’s Interior Ministry are urging Interior Minister Thomas de Maizière to establish a “Defense Center against Disinformation” (Ab­wehr­zen­trum ge­gen Des­in­for­ma­ti­on) to combat what they call “political disinformation,” a euphemism for “fake news.” Continue reading

Christianity is Rattling: “Lights Out” in Germany

  • The fall of German Christianity leaves an emptiness that seems likely to be filled by a more multicultural and Islamic society. Germany today houses Europe’s largest Muslim community.
  • Christians in Germany, Die Welt reports, will become a minority in 20 years.
  • The falling birth rate will remove a piece of Germany larger than the former communist East Germany. It will result in a demographic loss equivalent to the population of Berlin, Hamburg, Munich, Cologne and Frankfurt combined.
  • The German army just spent 428 million euros on various operations relating to migrants during the past year. It has been the costliest mission within German borders that the army of the Federal Republic of Germany has ever undertaken.
  • In the decades after WWII, Germans have turned into hard-core pacifists, enjoying their role on the sidelines of global conflicts. The army was then turned into a humanitarian organization.

“Contemporary historians … right now, have failed to find a single historical example of a society that became secularised and maintained its birth rate over subsequent centuries,” the former UK chief Rabbi, Jonathan Sacks, recently argued.

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Deutsche Bank CEO Warns Of “Fatal Consequences” For Savers

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Deutsche Bank’s war of words with the ECB is not new: it was first unveiled in February when, as we wrote at the time “A Wounded Deutsche Bank Lashed Out At Central Bankers: Stop Easing, You Are Crushing Us.” Europe’s largest bank, with the massive derivatives book, then upped the ante several months later in June, when its chief economist Folkerts-Landau launched a shocking anti-ECB rant in which it warned of social unrest and another Great Depression.

Ironically, these infamous diatribes hurt more than helped: telegraphing to the market just how hurt DB was as a result of the ECB’s monetary policy, the market punished its stock, which has been recently trading within spitting distance of all time lows, in effect making Deutsche Bank’s life even harder as it now has to contend not only with its own internal profitability problems, but also has to maintain a market-facing facade that all is well. So far, it has not worked out very well, prompting numerous comparisons to another infamous bank. Continue reading

Europe on the Brink of Complete Chaos?

 

There are so many incidents with the refugee crisis in Europe that the blog could be filled with that subject alone. Even the press in Germany is starting to shift after countless incidents from knife attacks to a gang beating and robbing British tourists in the same square in Cologne, Germany. Not to mention the media’s failure to report things like the attack on women in Cologne and the protest in Frankfurt during the opening of the ECB that set the city on fire. Continue reading

EU plans moving bank regulator from London as euro zone eyes City business

As Germany dominates everything Europe, Frankfurt looks like the likely winner in becoming the world financial hub.

 

BRUSSELS: The EU is preparing to move its European Banking Authority from London following Britain’s vote to leave the Union, EU officials said on Sunday, setting up a race led by Paris and Frankfurt to host the regulator.

Coming a day after Britain’s Jonathan Hill resigned and was replaced as EU financial services chief by the Commission’s “Mr. Euro” Valdis Dombrovskis, the move underlines how the City of London can expect to be frozen out of EU financial regulation – and possibly from Europe’s capital markets – depending on the terms of Brexit.

While those who argued for Britain to leave the EU said the financial industry would thrive without EU shackles, some of its biggest employers including JPMorgan are scouring Europe to find new locations for their traders, bankers and financial licenses. Continue reading

After Brexit

BERLIN/LONDON (Own report) – Initial outlines of Berlin’s possible reaction to Britain’s EU exit (“Brexit”) are beginning to seep out to the public. According to a report, government circles, who themselves see no reason to fear the turbulences of the financial markets, are hoping that these will persuade a sufficient number of the British to vote in favor of “remaining.” If this does not work, and the British opt for the Brexit, drastic measures should not be excluded. To avoid negative effects on the German economy, some members of the administration are pleading in favor of granting the UK an EU-associate status, similar to that of Norway. However, “a front should be established” to prevent other EU members from following suit and converting to an associate status. The transition to a “core Europe” remains an option and a discussion of it could be initiated at the end of this week. The foreign ministers of the six EU founding countries have planned an exclusive meeting to discuss the consequences of the British referendum.

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Germany, Migrants and the Big Lie

Caption: Syrian migrants arriving in Munich acknowledge the role of Chancellor Angela Merkel in inviting them into Germany. (Sean Gallup/Getty Images)

 

 

Muslim migrants are flooding Germany with problems. German leaders want to cover it up; German citizens want different leaders

Germans are being lied to by their government. By Angela Merkel, by their police force and even by their media. For most of 2015, many suspected as much. Those suspicions were confirmed in the most dramatic possible way in Cologne on New Year’s Eve.

That night, a mob of around 1,000 migrants gathered outside Cologne’s central train station and began molesting, robbing and even raping passersby. As of January 14, 652 crimes were reported to Cologne police from that evening. Of those, 331 included alleged sexual offenses, including two rapes.

A leaked police report stated that “[w]omen literally had to run the gauntlet through the mass of drunk men, in a way you can’t describe.” One person talked about how he arrived at the station and saw “countless weeping women.” Continue reading

Analyst Warns Deutsche Bank’s Problems May Now Be “Insurmountable”

After a tumultous start to a year that Germany’s largest, and judging by the tens of billions in legal settlements and charges also its most criminal bank, Deutsche Bank, would love to forget, things got worse over the weekend when a note issued by another German bank said that either Deutsche will have to massively dilute its shareholders as a result of “insurmountable” debt, or a fate far worse could await the Frankfurt-based lender. Continue reading

Billions in Gold Is Stashed… Under the Streets of New York?

As of 2008, the Federal Reserve Bank of New York housed $200 billion worth of the precious metal, according to ABC News reporter Scott Mayerowitz. In his report, Mayerowitz stated there were roughly 540,000 gold bars in the vault…

More than can be found in Fort Knox.

In fact, this particular vault contains almost 25% of the world’s gold reserves.

Of that amount, very little actually belongs to the United States. The 540,000 gold bars in the vault belong to 48 foreign central banks, as well as 12 international organizations.

Only 5% of the United States’ gold is stored there. Continue reading

Small Arms Sales Skyrocket In Germany In Reaction To Refugee Attacks

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As we’ve documented on a number of occasions over the past three or so months, Germans have a newfound love for pepper spray.

In November, we noted that frightened Germans fearing a “foreign invasion” from the Mid-East, were rushing to stock up on what amounts to migrant-be-gone aerosol just in case a refugee should get any designs on trying to get too close. Continue reading

Update on Bundesbank Gold Repatriation 2015

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Source: Bundesbank

 

Deutsche Bundesbank has just released a progress report on its gold bar repatriation programme for 2015 – “Frankfurt becomes Bundesbank’s largest gold storage location“.

As a reminder, the Bundesbank is engaged in an unusual multi-year repatriation programme to transport 300 tonnes of gold back to Frankfurt from the vaults of the Federal Reserve Bank of New York (FRBNY), and simultaneously to bring back 374 tonnes of gold back to Frankfurt from the vaults of the Banque de France in Paris. This programme began in 2013 and is scheduled to complete by 2020. I use the word ‘unusual’ because the Bundesbank could technically transport all 674 tonnes of this gold back to Frankfurt in a few weeks or less if it really wanted to, so there are undoubtedly some unpublished limitations as to why the German central bank has not yet done so. Continue reading

A Parable for Germany

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  • Dying Germany has only one item on its bucket list, and that is redemption. The Germans cannot seek redemption from the crimes of their grandparents because they do not understand what motivated them to do such terrible things.
  • For Merkel and most of Germany’s elite, the appearance on Germany’s threshold of millions of Muslim refugees is a final chance at redemption, an opportunity for Germany to redeem itself from the crimes of its past through a transcendent act of selflessness.

Once there was an old man who in his youth committed a terrible crime, the murder of many innocents. He no longer could remember what drove him to do this; he tried not to think about it, and his memories came to mind unwillingly and infrequently. Rage and guilt had faded long ago into a vague residue of disgust. He worked hard and found some distraction in the monotony of daily tasks. He sought diversion in tasteless entertainment; he followed football, looked at pornography, watched the dubbed version of American comedies, and took vacations at the beach.

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Is Europe Choosing to Self-Destruct?

  • Europe has voluntarily begun the process of giving up its liberal and hard-fought-for freedoms. Free speech no longer exists, only — straight out of totalitarian ideologies — “responsible” free speech: “free” only if it does not “offend” anyone.
  • The desire of many Europeans and other self-declared devotees of “human rights” to cover up, downplay or explain away what is happening in Europe, in fact represents the opposite of respect for others and equality before the law.
  • Absolving such criminal behavior is not only the very opposite of justice, it is also a kind of “inverted racism” — against its own native Europeans.
  • In 2014 and 2015 Jews in Europe were murdered, raped, beaten and stalked — just for being Jewish. Signs in the street read, “Sale Juif” (“dirty Jew”), “Death to the Jews,” and “Jews to the gas.” None of these side effects of Muslim immigration seems to concern the liberals, the media, or the purported defenders of human rights — who so loudly claim to be against “racism.” Or, once again in Europe, does “racism” not include Jews?

After the mass sexual assaults on New Year’s Eve in the European cities of Cologne, Hamburg, Düsseldorf, Bielefeld, Berlin, Frankfurt, Stuttgart, Vienna, Salzburg, Zürich, Helsinki and Kalmar, it is clear that something profoundly disturbing has occurred in Europe. By Sunday, in Cologne alone, 516 women had filed criminal charges — around 40% of them relating to sexual assaults.

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The Islamization of Germany in 2015

“We are importing religious conflict”

  • A mob of a thousand men of “Arab or North African” origin sexually assaulted more than 100 German women in downtown Cologne on New Year’s Eve. Similar attacks also occurred in Hamburg and Stuttgart. Cologne’s Mayor Henriette Reker, said that “under no circumstances” should the crimes be attributed to asylum seekers. Instead, she blamed the victims for the assaults.
  • “There is nothing wrong with being proud German patriots. There is nothing wrong with wanting Germany to remain free and democratic. There is nothing wrong with preserving our own Judeo-Christian civilization. That is our duty.” — Geert Wilders, Dutch politician, addressing a rally in Dresden.
  • “We are importing Islamic extremism, Arab anti-Semitism, national and ethnic conflicts of other peoples, as well as a different understanding of society and law. German security agencies are unable to deal with these imported security problems, and the resulting reactions from the German population.” — From a leaked government document, published by Die Welt.
  • Germany will spend at least €17 billion ($18.3 billion) on asylum seekers in 2016 — Die Welt.
  • Saudi Arabia is preparing to finance the construction of 200 new mosques in Germany to accommodate asylum seekers. — Frankfurter Allgemeine.

Germany’s Muslim population skyrocketed by more than 850,000 in 2015, for the first time pushing the total number of Muslims in the country to nearly six million.

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