Insider Exposes Shocking Truth On German Gold Repatriation

"Today the original architect of Germany’s gold repatriation movement stunned King World News with the truth about what is really happening with the effort to get Germany’s gold back onto German soil.  What he had to say will surprise readers around the world.

Eric King:  “Peter, you were one of the primary architects of this movement in Germany to repatriate Germany’s gold.”

Boehringer:  “Yes, that’s correct.  I’m the main initiator, but I did it together with the European Taxpayers Association (E.T.A.) President, Baron von Hohenhau.  The E.T.A. has over 100,000 members in Europe.  My German precious metals association has quite a few members as well, and we teamed up together in 2011 and started the German repatriation campaign.

It has been a long time since the German gold has been on German soil.  By 1990, after the fall of the Soviet Union, some people in Germany began to complain about foreign countries holding German gold and these people began to ask, ‘Why is our gold not on German soil?  Why does our gold have to be in London, Paris, and especially New York (at the Federal Reserve)?’

But it was difficult because the German Bundesbank didn’t release any information or requests for information for many, many years.  But the movement in Germany to repatriate the gold gained momentum and more people, including members of the German Parliament, began to ask, ‘Why can’t we have our gold in Germany?’  They began to question the Bundesbank themselves and the movement gained even more momentum....

“But at the time the Bundesbank remained pretty arrogant and refused to disclose anything.  When our movement began to form in 2011, we sent the Bundesbank a communication and we were able to obtain a little more information because the European Taxpayers Association couldn’t be completely ignored.  However, no one was satisfied with the Bundesbank reply.

Then we started the public campaign and all of a sudden things began to change with regards to the Bundesbank because they were now under public pressure.  So it was in 2012 that we began to get a little more information about where our gold was allegedly located.  We were concerned when we found out that the U.S. Fed was supposedly holding close to 1,500 tonnes of our gold in New York.  We also learned there were 350 tonnes in Paris and some 700 tonnes located in London.

We also found out that after the complaints began to surface in 1990, some 1,000 tonnes of gold had supposedly been repatriated from London by 2001 and 2002.  Nobody knew anything about this until our movement forced this information to be released publicly.  The problem is that nobody can prove this because the Bundesbank refuses to release any detailed list of the bars along with serial numbers.  This is something that we are complaining about.

The problem in Germany is that there are no proper audits of our gold.  No one is allowed access to the German gold vaults to prove that the gold is in fact there.  It’s the same all over the world with all Western central banks -- they will not release detailed information about the whereabouts of their gold.  I know this has been discussed at great length in the United States, but up to now the Fed has stonewalled any attempt to audit U.S. gold reserves..."

at http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/11/19_Insider_Exposes_Shocking_Truth_On_German_Gold_Repatriation.html