Exit Sign
Germany's central bank – the Bundesbank – recently announced it would
bring back within its borders 300 of 1,500 tonnes of gold it currently
stores with the Federal Reserve (and all of the 374 tonnes of gold it
stores in France).
Why?
Germany no longer trusts the biggest debtor in history to hold its wealth.
So, do you?
History shows governments and banks use their power to merely take assets to pay off debts (to those who run the country, so forget rejecting the debt). Retirement funds, gold, and anything else available is on the checklist. As long as chaos does not erupt, the theft of your assets will stealthy. For example, paid any government fees in the past few months?
Why?
Germany no longer trusts the biggest debtor in history to hold its wealth.
So, do you?
History shows governments and banks use their power to merely take assets to pay off debts (to those who run the country, so forget rejecting the debt). Retirement funds, gold, and anything else available is on the checklist. As long as chaos does not erupt, the theft of your assets will stealthy. For example, paid any government fees in the past few months?
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