The Real Reason Why Germany Halted Its Gold Repatriation From the NY Fed

[David Guyatt]

Peter, firstly I hope you don't mind me copying the below image of Angela Merkel from your Wikispooks site? Let me know if you do and I'll remove it and link it instead. But it is instructive to our members and readers, I think.



In his article "Dealing with the Devil", Michael Colhaze suggests that Merkel is subservient to - and does the bidding of - the Neocons because she once was a Stasi snitch who betrayed dissidents to the Stasi, and were this to be made public she would be instantly ruined. And she would be, I am sure.

I'm sure this is a very sensitive subject. Even so, I wonder if there is any substance to these rumours?

On the other hand perhaps it is best not to know?

PS, were it true it would explain why Merkel went along with the US Neocons on Russian sanctions when it was sheer economic madness for Germany and Europe to do so - a fact that has caused me some reflective pondering these past few months...

[Magda Hassan]

I do believe that Merkel's old file file is not available....for some reason...

[Peter Lemkin]

This is something I've not researched before.....and don't have a firm position on it. However, living as I do in a former communist east bloc country, I know it can be more complicated that it first appears - although the games played were hardly different than those played in the 'West'. A person can choose to be close to or part of the intelligence crowd, or one can be made to look like one was, or one can be compromised to be - or appear to be...and several other combinations and permutations. On searching, however, I found some things on her father [who supposedly went from West to East Germany [?!] and a Physics professor friend of hers who was allegedly a Stasi agent.....whether this is so, or just to knock her [her policies NOW are enough, I think, to knock her - one hardly need look to her past!], I don't know. Anyone in Germany have a better hold on this? Can't vouch for this below.....

Merkel and supposed Stasi agent Osten

The picture above was taken in 1986. It depicts an outing to the Baltic Island of Rugen by members of the DDR-Jugendverbandes. The man next to her at this gathering was Hans-Jörg Osten.

Very few close observers now doubt that Merkel's father (the only man on record who defected from West to East Germany) was a Stasi social spy and part-time organiser.
What most Germans don't know, however, is that Hans-Jörg Osten was her Professor and close confidante at the Academy of Sciences where she was a student. And what they found out that Osten was a paid agent of the Stasi with documentary evidence from the files to prove it.
In the files (extracted left) her physics professor and fellow FDJ bigwig is unmasked as a spy using the cover name Einstein'.
Today, Hans-Jörg Osten is 56 years old, and a professor at the Leibniz University of Hanover.
The documents go on to say that he was recruited on the basis of the political-ideological cooperation…in his operating activities, he is mainly useful on defence issues, and for the development of people working files. He was always a very reliable worker.' The defence issues' thing is a reference to time spent by Osten working in the US.During this period, he was supposedly a Stasi spy.

[Peter Presland]

Peter, firstly I hope you don't mind me copying the below image of Angela Merkel from your Wikispooks site? Let me know if you do and I'll remove it and link it instead. But it is instructive to our members and readers, I think.

No problem David

In his article "Dealing with the Devil", Michael Colhaze suggests that Merkel is subservient to - and does the bidding of - the Neocons because she once was a Stasi snitch who betrayed dissidents to the Stasi, and were this to be made public she would be instantly ruined. And she would be, I am sure.

I'm sure this is a very sensitive subject. Even so, I wonder if there is any substance to these rumours?

On the other hand perhaps it is best not to know?

PS, were it true it would explain why Merkel went along with the US Neocons on Russian sanctions when it was sheer economic madness for Germany and Europe to do so - a fact that has caused me some reflective pondering these past few months...

Michael Colhaze is an interesting guy and very knowledgeable about Germany and the fawning subservience of its post-WWI establishment to its occupiers. Don't let his romantic nationalism put you off; he has some unique insights to offer.

On the Merkel thing specifically, I really don't know. But I do know that she topped the greasy pole in the unified, NATO-member, German state, having spent the formative (Cold-war) years of her life in East Germany; and yet it's a conjunction that receives scant - even dismissive - attention from the mainstream media as though it were totally unremarkable when it clearly isn't.

[R.K. Locke]

I've been reading through some of those essays and they are very interesting. I could do without the Christian stuff but as Peter says, he offers some unique insights. I will certainly be reading more.

[Magda Hassan]

....
Very few close observers now doubt that Merkel's father (the only man on record who defected from West to East Germany) was a Stasi social spy and part-time organiser.
....

Unless this hyperbole through western nationalist eyes it is clearly untrue. I know many people who chose to live there either for family or political or educational reasons. As a high ranking member of the Lutheren church he would have had a file on him the same way high ranking people in the Church of England have files on them by special branch and other agencies. The point is was it witting or unwitting collaboration? With so many western lost souls are flocking to the Islamic State why is it such a big a leap to think that others did not wish to do similar with other more progressive social movements?

Merkel's second husband was no doubt a western plant. And there is no doubt about who Merkel works for. Just look at her policies.

[Magda Hassan]

It will be very interesting t see what happens with the Swiss demand for return of their gold. Different circumstances. I would expect a war to break out some where as a distraction if they cannot come to an arrangement and I don't know the Swiss will be so accommodating as Germany was in their case. The emperor really does not wear any clothes and it will be hard for them to tell us he does.

Gold & Silver Surge, Recover Swiss Gold Poll Losses As EURCHF Hits Lows

Submitted by Tyler Durden on 11/19/2014 12:26 -0500

• Precious Metals
  

It appears the FX and Precious Metals markets have as much faith in the pre-Swiss Gold Referendum polls as the Scots did before their referendum. The clearly leaked results sparked considerable weakness in gold and silver (and EURCHF surge), but once the data was released, markets began to creep back - perhaps questioning the plausibility of such a big swing in such a short amount of time. This surge was also helped by some unusually frank comments on Russian gold buying from the Russian Central Bank. Gold, Silver, and EURCHF have all recovered the moves with the latter pressing towads cycle lows...



And EURCHF has roundtripped to cycle lows...


Charts: Bloomberg

[Magda Hassan]

Commodities Are Crumbling - Gold Fixing, Swiss Gold Poll, Or Another Fed Minutes Leak?

Submitted by Tyler Durden on 11/19/2014 10:50 -0500

• Copper
  
• Crude
  

Because nothing says unrigged like a collapse across the commodity complex (gold, silver, copper, and crude) as London's Gold Fixing Company auction takes place... Or did the Fed leak its minutes like it did in 2013? It appears the real reason is the early release of Swiss Gold Referendum poll data that shows a drop from 44% "Yes" to 38% "Yes".



No it's not the USD!!


* * *
Subtle!!

10:48:31 - 2270 Gold futures and 596 Silver futures trade in 1 second $GC_F $SI_F
Eric Scott Hunsader (@nanexllc) November 19, 2014

* * *
There is a 3rd possibility...

SRG SWISS REF poll will be announced unofficially at around 11am EST.

It is a private survey so might be out already...

The last survey had 17% undecided (with 44% supported "Save our Gold", 39% were opposed)

* * *
Data is released:

2. SRG-Umfrage: Gold 38% Ja (-6) zu 47% Nein (+8), 15% (-2) unentsch., das Nein baut sich auf #CHvote #abst14 #goldinitiative
gfs.bern (@gfsbern) November 19, 2014

So a big drop in "Yes" and EURCHF reacts...


and then gave it all back...

Average:

[Magda Hassan]

Ukraine Admits Its Gold Is Gone: "There Is Almost No Gold Left In The Central Bank Vault"

Submitted by Tyler Durden on 11/18/2014 22:47 -0500

• Germany
  
• None
  
• Precious Metals
  
• Ukraine
  

Back in March, at a time when the IMF reported that Ukraine's official gold holdings as of the end of February, so just as the State Department-facilitated coup against former president Victor Yanukovich was concluding, amounted to 42.3 tonnes or 8% of reserves...

... and notably under the previous "hated" president, Ukraine gold's reserves had constantly increased hitting a record high just before the presidential coup...


... we reported of a strange incident that took place just after the Ukraine presidential coup, namely that according to at least one source, "in a mysterious operation under the cover of night, Ukraine's gold reserves were promptly loaded onboard an unmarked plane, which subsequently took the gold to the US." To wit:

Tonight, around at 2:00 am, an unregistered transport plane took off took off from Boryspil airport. According to Boryspil staff, prior to the plane's appearance, four trucks and two cargo minibuses arrived at the airport all with their license plates missing. Fifteen people in black uniforms, masks and body armor stepped out, some armed with machine guns. These people loaded the plane with more than forty heavy boxes.

After this, several mysterious men arrived and also entered the plane. The loading was carried out in a hurry. After unloading, the plateless cars immediately left the runway, and the plane took off on an emergency basis.

Airport officials who saw this mysterious "special operation" immediately notified the administration of the airport, which however strongly advised them "not to meddle in other people's business."

Later, the editors were called by one of the senior officials of the former Ministry of Income and Fees, who reported that, according to him, tonight on the orders of one of the "new leaders" of Ukraine, all the gold reserves of the Ukraine were taken to the United States.

Needless to say there was no official confirmation of any of this taking place, and in fact our report, in which we mused if the "price of Ukraine's liberation" was the handover of its gold to the Fed at a time when Germany was actively seeking to repatriate its own physical gold located at the bedrock of the NY Fed, led to the usual mainstream media mockery.
Until now.
In an interview on Ukraine TV, none other than the head of the Ukraine Central Bank made the stunning admission that "in the vaults of the central bank there is almost no gold left. There is a small amount of gold bullion left, but it's just 1% of reserves."

As Ukraina further reports, this stunning revelation means that not only has Ukraine been quietly depleting its gold throughout the year, but that the latest official number, according to which Ukraine gold was 8 times greater than the reported 1%, was fabricated, and that the real number is about 90% lower.

According to official statistics the NBU, the amount of gold in the vaults should be eight times more than is actually in stock. At the beginning of this month, the volume of gold was about $ 1 billion, or 8% of the total gold reserves. Now this is just one percent.

Of course, considering the official reserve data at the Central Bank has been clearly fabricated, one wonders just how long ago the actual gold "dmsplacement" took place.

We get some additional information from Rusila:

According to recent data, the value of Ukraine gold should be $988.7 million. That is the value of gold proportion of gold in gold reserves is 8%. If you believe Gontareva, it turns out there is a mere $123.6 million in gold remaining.

The figure is fantastic, considering that the amount of gold at the end of February (when the new authorities have already taken key positions) was $1.8 billion or 12% of the reserves.

In other words, since the beginning of the year gold reserves dropped almost 16 times. Gold stock in February were approximately 21 tons of gold, the presence of which was once proudly reported by Sergei Arbuzov, who led the NBU in 2010-2012. So what happened to 20.8 tons of gold?

Explaining the dramatic reduction in the context of the hryvnia devaluation through gold sales is impossible. After all, 92% of the reserves of the National Bank is in the form of a foreign currency that is much easier to use to maintain hryvnia levels and cover current liabilities. Besides since March the international price of gold has plummeted. Selling ??gold under such circumstances is a crime. In fact it would be more expedient to increase gold reserves through currency conversion in precious metals.

But apparently the result is not due to someone's negligence or carelessness. The gold reserve has been actively carted out of the country, as a result of the very vague economic and political prospects of Ukraine. Something similar happened to the gold reserves of the USSR - when the Gorbachev elite realized that perestroika is leading the country to the abyss, gold simply disappeared in an unknown direction.

The article's conclusion:

As history shows, the reduction of the gold reserves in the context of an acute political crisis is usually preceded by the collapse of the state.

Oddly enough there was no official gold reduction just prior to the time when Victoria "Fuck the EU" Nuland was planning Yanukovich's ouster, and as shown above, quite the contrary. It is a little more odd that it was during the period when Ukraine was "supported" by its western allies that several billion dollars worth of physical gold - the people's gold - just "vaporized."
In any event, now that the disappearance of Ukraine's gold has been confirmed, perhaps it is time to refresh the "unconfirmed" story that a little after the current Ukraine regime took power the bulk of Ukraine's gold was taken to the United States.
As of this writing, The NY Fed has still not answered our March request for a comment whether Ukraine's gold has been redomiciled at the gold vault located some 80 feet below Liberty 33.

[Magda Hassan]

I expect it might be siting next to Germany''s gold and Iraq's gold and Libya's gold in a Goldman Sachs' safe some where