Germany is neither independent nor sovereign, prevailing pretences notwithstanding. It has American troops on her soil for reasons unexplained and unexplainable after all Soviet occupying troops were withdrawn almost 25 years ago. Equally significant is the fact that the lion’s share of the German gold reserve is in American custody. If the Bundesbank asked for […]
Posts Tagged ‘Gold Basis’
AMERICAN BASES IN GERMANY AND THE GOLD BASIS
Januar 28th, 2013
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Posted in Finance, Precious Metals | Tags: 1930's, 1971, Antal E. Fekete, Backwardation, Contango, Debt, Deflation, Deutsche Bundesbank, Deutsche Mark, Euro, Germany, Godfrey Bloom, Gold Basis, Gold Reserves, New Austrian School of Economics, NY Fed, Switzerland, UK, US Dollar, USA, Wilhelm Röpke