Alemanha golpeia pesado: saca 200 bilhões. Repatria suas barras de ouro, foge do risco-EUA.
Germany is set to retrieve its gold reserves held abroad, in a move critics fear could trigger a contagion of mistrust among the world’s central banks.
The country’s Bundesbank is set to repatriate a large hoard from its holding in New York and all of its bullion from Paris, the German newspaper Handelsblatt has reported. Germany's Bundesbank owns nearly 3,400 tonnes of gold – only the US has a bigger reserve. But now the bank is reportedly planning to overhaul this distribution, leaving just small amounts in the US and UK for trading and liquidity in dollars and sterling and bringing the rest back to Germany, worth an estimated $200 billion. Bundesbank board member Carl-Ludwig Thiele claimed last year that there is no longer a need to hold gold abroad, now Germany is at peace. However critics fear Germany’s move could prompt other central banks to repatriate their gold, undermining the role of the US and UK as key custodians of the commodity.
The move comes just months after the German Federal Court of Auditors called on the Bundesbank to carry out a physical inspection of the gold reserves it stores at foreign banks. At the time it was thought the precious metal holdings had never been fully checked. The central bank was taken aback and maintained it did not see the need for more scrutiny in overseeing the reserves, saying 'there is no doubt about the integrity of the foreign storage sites'. However, the debate on the gold reserves continued to simmer, with some conspiracy theorists questioning their existence and a few politicians calling for some of the reserves to be retrieved. Germany has around eight times more gold than the UK, after Gordon Brown sold more than half of the UK's reserves between 1999 and 2002 when prices were at a 20-year low. Analysts say gold could still hit $2000/oz this year, meaning the UK could have sold its gold for £16billion, as opposed to £2billion.
Jim Sinclair - 16 Jan 2013 - clique aqui.
História: fato maior dos últimos 50 anos, desde De Gaulle.
Sinclair states that history will look back on this salvo fired across US war financing as being the beginning of the end of the US dollar as the reserve currency of choice, and that under normal circumstances, no major central bank would insult another major central bank in the way that the Bundesbank just has.
Jim Sinclair - 16 Jan 2013 - clique aqui.
História: fato maior dos últimos 50 anos, desde De Gaulle.
Sinclair states that history will look back on this salvo fired across US war financing as being the beginning of the end of the US dollar as the reserve currency of choice, and that under normal circumstances, no major central bank would insult another major central bank in the way that the Bundesbank just has.
Sinclair states that the Bundesbank repatriating its gold reserves is the most significant event in the gold market since Charles De Gaulle called the US hand that it would stand by convertibility.
