Can the United States be trusted with Germany’s gold?
Its leader is trying to cripple the country’s most important industry. His deputy thinks it’s a pathetic freeloader. The man who has their ear is throwing what look a lot like Nazi salutes and openly interfering in its elections to support a far-right party that its own intelligence service thinks is a threat to the constitution.
No wonder, then, that some politicians in Germany are worried that what was for decades seen as one of the world’s most reliable storehouses might not be so secure after all.
Most of the European Countries “safeguard” their Gold reserves in the USA, specifically in New York.
After the latest shenanigans all of the European gold should be returned , preferably under the authority of the ECB.