Germany has been facing mounting pressure to audit its national gold holdings from various political groups.
BERLIN(BullionStreet): The Germans are demanding their gold reserves be returned to them, and economist, columnist, radio host and international conference speaker Jerry Robinson says on his Follow the Money Weekly program this week that is bad sign for America.
Robinson explains in the opening part of this week’s FTM Weekly program that the move appears to be the leading edge of a “similar breakdown of global trust in the U.S .government’s ability to handle its finances.”
Robinson explains more fully that Germany has been facing mounting pressure to audit its national gold holdings from various political groups. Some leaders also want all of the nation’s gold brought back home, so Germany’s Bundesbank last week publicly revealed its plans to repatriate half of its gold. ...