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  • moses_on_wall_street moses_on_wall_street Jul 18, 2014 8:16 AM Flag

    Germany's Gold

    As you may recall, the FED has basically refused to repatriate 330 tons of Germany's gold. There are now stories about the German government auditing precious metal ownership by institutions and private citizens. Coupled with the growing discontent with American spying, meddling, and the USDollar miasma, it appears that Germany may soon leave the "western block" and join with Russia and China (ostensibly the premier entities of the Shanghai Cooperation Organization), which bodes well for a gold backed currency to make its arrival on the global scene.

    The backdrop here is Germany's commitment to procure Russian energy supplies as more and more the likelihood that Germany can rely on the US (in many different ways) dwindles.

    We are on the verge of an astounding paradigm change... and it will not be financed by debt it seems, but instead real money.

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    • 7.23.14 from Sorcha Faal:

      A shocking new report prepared by the Ministry Of Foreign Affairs (MoFA) circulating in the Kremlin today states that Germany’s Federal Foreign Office (FFO) contacted Moscow this week requesting an accelerated membership course for their joining the BRICS economic community as they plan to leave the European Union (EU), a move Russian experts said would “spell doom” to the Obama regimes “dream of empire”.

      BRICS is the acronym for an association of five major emerging national economies: Brazil, Russia, India, China, and South Africa and as of 2013, the five BRICS countries represent almost 3 billion people with a combined nominal GDP of US$16.039 trillion and an estimated US$4 trillion in combined foreign reserves. As of 2014, the BRICS nations represented 18 percent of the world economy.

      Opposing BRICS is a global financial system organized by the West and dominated by the US which forces nations to conduct their international business in the unstable US dollar, making their economies swing back and forth with the winds of policy crafted in Washington, D.C., and New York City.

      The West has ceded influence in institutions like the World Bank and the International Monetary Fund (IMF) only grudgingly, and to the BRICS, today’s financial system is out of touch with the changing times, and ill-suited to support the world’s up-and-coming economic titans.

      According to this report, Germany became “alarmed” this week after the Obama regime ordered the EU to “ignore and not comment on” the evidence provided by Russia relating to the Malaysian Airlines 17 flight shot down over Ukraine last week proving it was a “deliberate action” ordered by Kiev officials with CIA involvement.

      German intelligence sources, this report continues, confirm their US counterpart’s assessment that Russia had no involvement in the downing of this aircraft and further confirm that the Obama regimes case using YouTube videos and Tweets to blame Russia is “unraveling like a cheap sweater” under the increasing realization that dubious social media-sourced evidence is essentially all there is.

      Most damning about the Obama regime accusations against Russia relating to the downing of MH-17, this report says, were German intelligence confirmations that these same YouTube videos and Tweets seeking to prove Russian involvement have proven to be “manipulated” and, instead, prove Ukrainian military forces were to blame.

      Important to note, MoFA experts in this report say, is that Germany in knowing of the coming showdown between the Obama regime and Russia, had secretly planned to join the BRICS nations economic bloc in 2011 when its Bundesbank (Central Bank of Germany) demanded a full repatriation of Germany's entire US$141 billion gold reserve from the US Federal Reserve where it was stored.

      On 24 June 2014, this report continues, Germany was forced to give up on its plan to repatriate its gold from the US after being told by the Obama regime that it would only get its gold back in seven years, clearly showing that the US central banking cartel did something nefarious with the metal it had been entrusted to safeguard.

      In countering the Obama regimes move, however, this report says, Germany withheld from being converted into Euros over US13 billion worth of its former currency Deutsche Marks, and since 2011 have had their printing presses working overtime printing more.

      Making Germany’s move to BRICS and away from the Obama regime even more urgent, this report warns, are the Americans planned attack on the Bundesbank similar to their one on France’s largest bank BNP Paribas that was punished with a US$9 billion legal fee after France refused to cancel the Mistral warship shipment to Russia, and which promptly led Banque de France (French National Bank) head Christian Noyer to warn that “the days of the US Dollar as a reserve currency are numbered”.

    • 7.23.14 from Sorcha Faal:

      A shocking new report prepared by the Ministry Of Foreign Affairs (MoFA) circulating in the Kremlin today states that Germany’s Federal Foreign Office (FFO) contacted Moscow this week requesting an accelerated membership course for their joining the BRICS economic community as they plan to leave the European Union (EU), a move Russian experts said would “spell doom” to the Obama regimes “dream of empire”.

      BRICS is the acronym for an association of five major emerging national economies: Brazil, Russia, India, China, and South Africa and as of 2013, the five BRICS countries represent almost 3 billion people with a combined nominal GDP of US$16.039 trillion and an estimated US$4 trillion in combined foreign reserves. As of 2014, the BRICS nations represented 18 percent of the world economy.

      Opposing BRICS is a global financial system organized by the West and dominated by the US which forces nations to conduct their international business in the unstable US dollar, making their economies swing back and forth with the winds of policy crafted in Washington, D.C., and New York City.

      The West has ceded influence in institutions like the World Bank and the International Monetary Fund (IMF) only grudgingly, and to the BRICS, today’s financial system is out of touch with the changing times, and ill-suited to support the world’s up-and-coming economic titans.

      According to this report, Germany became “alarmed” this week after the Obama regime ordered the EU to “ignore and not comment on” the evidence provided by Russia relating to the Malaysian Airlines 17 flight shot down over Ukraine last week proving it was a “deliberate action” ordered by Kiev officials with CIA involvement.

      German intelligence sources, this report continues, confirm their US counterpart’s assessment that Russia had no involvement in the downing of this aircraft and further confirm that the Obama regimes case using YouTube videos and Tweets to blame Russia is “unraveling like a cheap sweater” under the increasing realization that dubious social media-sourced evidence is essentially all there is.

      Most damning about the Obama regime accusations against Russia relating to the downing of MH-17, this report says, were German intelligence confirmations that these same YouTube videos and Tweets seeking to prove Russian involvement have proven to be “manipulated” and, instead, prove Ukrainian military forces were to blame.

      Important to note, MoFA experts in this report say, is that Germany in knowing of the coming showdown between the Obama regime and Russia, had secretly planned to join the BRICS nations economic bloc in 2011 when its Bundesbank (Central Bank of Germany) demanded a full repatriation of Germany's entire US$141 billion gold reserve from the US Federal Reserve where it was stored.

      On 24 June 2014, this report continues, Germany was forced to give up on its plan to repatriate its gold from the US after being told by the Obama regime that it would only get its gold back in seven years, clearly showing that the US central banking cartel did something nefarious with the metal it had been entrusted to safeguard.

      In countering the Obama regimes move, however, this report says, Germany withheld from being converted into Euros over US13 billion worth of its former currency Deutsche Marks, and since 2011 have had their printing presses working overtime printing more.

      Making Germany’s move to BRICS and away from the Obama regime even more urgent, this report warns, are the Americans planned attack on the Bundesbank similar to their one on France’s largest bank BNP Paribas that was punished with a US$9 billion legal fee after France refused to cancel the Mistral warship shipment to Russia, and which promptly led Banque de France (French National Bank) head Christian Noyer to warn that “the days of the US Dollar as a reserve currency are numbered”.

    • Germany is now speaking openly about working with Russia and the Brics.

    • I STRONGLY SUSPECT THAT GERMANS ARE A LOT SMARTER THAN YOU RIGHT WINGERS GIVE THEM CREDIT FOR!!! They may well have good reason to dislike the way the United States handles the world's and its own economy, including that trivial gold thing... BUT THERE IS NO WAY ON GOD'S GREEN EARTH THAT THE GERMAN'S WOULD ALIGN THEMSELVES WITH RUSSIA AND CHINA.... unless things got so bad that they HAD to do so just to survive!!!

      • 3 Replies to powermountain2001
      • That which you refer to as a trivial matter tallies up to $13,908,316,031.40 at today's closing price for gold. Knowing that the FED has refused to give them their gold back, stating it will literally take years to bring the return about, should have had a seismic effect on the markets, particularly those that have a commodities focus.

      • One more thing... I have a brother that works for a German firm. He goes to Germany several times each year and France, too. He tells me that the average German, as well as the French that he has spoken with, really are put out with overreaching American hegemony AND the economic aspects of the failure of the dollar, which most view as a certainty.

        I would be inclined to think that there may be more than enough inertia to cause the Germans to realign.

        Let's hide and watch. I don't think it will be long before we have a good idea what will take place.. or not.

      • Beauty, just like the judgement of just how bad things have gotten (and here I recognize that I omitted the idea that the EU basically is counting on the industrious German people to bail out those that are not), is in the eye of the beholder.

    • moses- based on the historical animosity between the german people and the russians, and the lingering resentment of 40 years of russian occupation of half their country, do you think the german people will allow their politicians to leave the western bloc and realign politically with their former masters?

 
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