Thursday, October 8, 2015

47 Years After 1968, Bundesbank STILL Fails To Deliver A Gold Bar Number List

"Submitted by Peter Boehringer, initiator of the German campaign “Repatriate our Gold”, courtesy of BullionStar
Frequent followers of the German public campaign “Repatriate our Gold“ already know how intensively we have been struggling since 2011 (and longer) with Deutsche Bundesbank to finally – after more than 50 years of external storage of Germany’s gold – get credible transparency regarding this matterSome progress was brought about recently (2012 disclosure of the whereabouts of Germany´s gold by BuBa; 2013 partial repatriation plan announced by BuBa; 2013 and ongoing through 2015 alleged physical repatriation of approximately 200 tons to date – equaling approximately 10% of Germany’s gold abroad). But real proof and transparency is still lacking from Bundesbank’s side!
One of the oldest demands from our campaign has been (and still is!) the publication of BuBa’s gold bar number lists from all four storage locations. Lists that should have been static (i.e. unchanged) since 1968 when Germany’s gold accumulation (was) ended; a full three years before the official end of the underlying Bretton Woods system. Yesterday, October 7, 2015; a full 47 years later and after five years of our heavy lobbying against BuBa’s ridiculous “security concerns” regarding the publication of the lists, the Deutsche Bundesbank officially and finally did publish a so-called “gold bar list”. The “list-to-end-all-conspiracy-theories” was celebrated both in a BuBa press release “Bundesbank publishes gold bar list” as well as in the (naïve) mainstream media. Confer e.g. Bloomberg “Bundesbank to Doubters: Here Is Our Gold. Every. Single. Bit of It.
This article is intended to dismiss the impression which writers from both BuBa and its “external media department” at Bloomberg are clearly and provocatively trying to give:“Bundesbank to Doubters: Here Is Our Gold. Every. Single. Bit of It. Germany’s central bank has listed all of its gold.”
For the umpteenth time in 47 years, BuBa yesterdaypretended to give transparency regarding Germany’s gold – but again failed miserably. I hereby challenge both BuBa’s Mr Weidmann and Mr Thiele and Bloomberg’s Mr Lorcan Roche Kelly to either withdraw their apodictic and loud but still completely unproven propaganda statement “Here is our gold– finally do believe it you stupid gold bug nutcases!!” – or to prove their so far unfounded and factually wrong statement!

1. No bar number list was made available by Bundesbank

Firstly, I am asking journalists and interested readers to open the 2,300 page long “custodian gold holdings – bar list” document :Everybody can see at first glance that the very first column of the “gold bar” list starting on page 7 is headlined “INVENTORY number” rather than “Producer’s Bar number”. An “INVENTORY number” however is something COMPLETELY different that the “Producer’s bar number”!..."
at http://www.zerohedge.com/news/2015-10-08/47-years-after-1968-bundesbank-still-fails-deliver-gold-bar-number-list

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