The German gold reserves

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  • Опубліковано 4 бер 2015
  • The Bundesbank's relocation of gold from storage locations abroad is running very much according to schedule. In 2015, 210 tonnes were relocated to Frankfurt am Main - 110 from Paris and 100 from New York. According to its gold storage plan, unveiled in 2013, the Bundesbank will be storing half of Germany's gold reserves in its own vaults in Frankfurt am Main from 2020 onwards. This necessitates a phased transfer to Frankfurt am Main of 300 tonnes of gold from New York and all 374 tonnes of gold from Paris. Since the transfers began in 2013, the Bundesbank has brought a total of 367 tonnes of gold to Frankfurt am Main - 177 tonnes from Paris and 190 tonnes from New York. This is equivalent to roughly 54.5% of the total quantity to be transferred (as at 31 December 2015). A film explains how Germany's gold reserves came into being and the reasons behind the relocation.
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КОМЕНТАРІ • 65

  • @berndp3426
    @berndp3426 3 роки тому +27

    How to prove that something is made of pure gold by ultrasonic measure: The time of soundwave propagation and reflectivity inside of the bar or block. corresponds to its specific density. So this can tell exactly how pure it is. And any kinds of "fake bars" would result in totally divergent readings.

  • @GoCanucks2011
    @GoCanucks2011 2 роки тому +6

    In December 1997, The Financial Times ran an article entitled “The Death of Gold.” Since then, the gold price in US dollars has increased 519% from $288 to $1,780. Today, after many political events and crises we have evidence of the continuous and in many ways spectacular growth of the gold price. This confluence of many current events is creating a perfect storm for gold to increase dramatically more than we imagined.

  • @identifiesas65.wheresmyche95
    @identifiesas65.wheresmyche95 3 роки тому +12

    This is real money folks. If you went back any real amount of time and saved either paper or it's equivalent in gold it becomes evident. It's also not possible to print nor debase in a way which you couldn't tell. Gold & silver is the only money allowed under the US constitution for a reason, gold & silver is freedom.

  • @tanmay4516
    @tanmay4516 2 роки тому +13

    Indian households may have accumulated up to 25,000 tonnes of gold, thereby retaining the tag of the world's largest holders of the metal, according to the World Gold Council (WGC). And we do know so we occupy that much.

    • @ejd7881
      @ejd7881 Рік тому

      If India makes it into the news it is because 28 people gang-raped a 10-year-old
      Why am I saying all of this? Because some people cherry-pick certain parts of Indian culture and make up their dream world of Yoga and chakras, bad energy and general new age hippy bullshit.
      Bollywood makes the country seem like one happy dance party, it's not.

    • @iggy5347
      @iggy5347 4 місяці тому

      I think china hold more gold in household

  • @Ayyaz711
    @Ayyaz711 2 роки тому +5

    I love precious metals especially gold

  • @Ayyaz711
    @Ayyaz711 2 роки тому +3

    I like gold but gold doesn’t like me hence I have none

  • @ratzmatz7914
    @ratzmatz7914 2 роки тому +5

    Don't forget the gold held by Indian wives.

    • @bautistagonzalez9420
      @bautistagonzalez9420 2 роки тому +1

      🤣🤣🤣

    • @spaceycakey1987
      @spaceycakey1987 2 роки тому +1

      its different to gold used in central banks the purity of the gold is different to jewelry thats why u get different carats 9 18 24 ect as gold is alloyed the purity of gold used for bank gold bullion is far purer thats why a single bar costs 100s of thousands of dollars

  • @pkd6369
    @pkd6369 3 роки тому +3

    Goldfinger in the bond movie had the best idea making rolls royce penels in solid gold and dring over the borders +×+×+×

  • @orobleh77
    @orobleh77 3 роки тому +13

    How much Germany paid to USA for store keeping their gold in US? I guess, it will be tonnes of money during those years.

    • @abhishetty2637
      @abhishetty2637 3 роки тому +6

      the inflation of gold price alone could pay for it

    • @dirk-jantoot1029
      @dirk-jantoot1029 3 роки тому +2

      It's also a bit of a geopolitical risk. At least Germany is a long term ally, but for many other countries it could be used as leverage to manipulate you into doing the US's bidding. And apart from that, if shit really hits the fan all over the (western) world, what guarantee is there that some crazy US leader emerging from the chaos wouldn't just refuse te send it back to Germany?

    • @kirilmihaylov1934
      @kirilmihaylov1934 2 роки тому +3

      @@dirk-jantoot1029 US has no allies

  • @Samarno9.0
    @Samarno9.0 2 роки тому +2

    I don't understand why you don't share with me either.

  • @muzcapapillon
    @muzcapapillon Рік тому +3

    " It is no longer the cold war, and therefore they no longer have to store their gold as far to the west as possible"!!! AJJAAJJA!! They may need to send that gold back to New York with the current political atmosphere in Europe!!!!!!!!!!!

  • @iaround
    @iaround 3 роки тому +7

    why they dont keep gold in their own country?

    • @section9ag247
      @section9ag247 3 роки тому +17

      They literally explain it in the video... They mention that Germany keeps a certain percentage of its reserves of gold in New York & London for currency exchange. Also they mentioned that gold was kept overseas in the event of invasion from the Soviet Union.

  • @ioanbota9397
    @ioanbota9397 2 роки тому +3

    Realy I like this video very very much

  • @ahmedbutawan140
    @ahmedbutawan140 3 роки тому +3

    Wow😃😃😃really great amazing.

  • @syamkumarkaturi9761
    @syamkumarkaturi9761 2 роки тому +2

    SELL GOLD AND BUY PLATINUM PRICE IS LOW NOW

  • @aqeel-3771
    @aqeel-3771 2 роки тому +3

    fantastisch👍.

  • @michealdanso827
    @michealdanso827 3 роки тому +3

    Which country have Gold Reserve

  • @ioanbota9397
    @ioanbota9397 3 роки тому +2

    Realy I like this gold

  • @maseyea7509
    @maseyea7509 2 роки тому +2

    ☝🏾

  • @parththakkar4719
    @parththakkar4719 3 роки тому +5

    I REPEAT - BITCOIN CAN NEVER REPLACE THIS!.
    *Anything which can neither be created nor destroyed will always be the true test of money backing*
    Sure you may have 21mn Bitcoins but you have 1,000s of cryptos?

  • @mjlivetrends1257
    @mjlivetrends1257 3 роки тому +15

    The rich will continue being rich and viseversa

  • @salehelsileni3665
    @salehelsileni3665 3 роки тому +4

    😍😍👍👌

  • @williamwarner2518
    @williamwarner2518 Рік тому +1

    Interesting that the documentary found the 8 people in Germany who don't speak English

  • @woodstony7858
    @woodstony7858 2 роки тому +4

    Some altcoins are being endorsed as they have newer features than Bitcoin, such as the ability to handle more transactions per second or use different consensus algorithms like proof-of-stake.
    Beyond that, the field of cryptocurrencies is always expanding, and the next great digital token may be released tomorrow. While Bitcoin is widely seen as a pioneer in the world of cryptocurrencies, analysts adopt many approaches for evaluating tokens other than BTC. It’s common, for instance, for analysts to attribute a great deal of importance to ranking coins relative to one another in terms of market capitalization. I encourage investors to put their eggs in different baskets .

  • @venkteshkuna6030
    @venkteshkuna6030 Рік тому

    I love gold

  • @ramiahmed9393
    @ramiahmed9393 3 роки тому +6

    25% of that gold would cover all the losses of Covid 19 in the UK.

  • @7Hellzz
    @7Hellzz Рік тому +3

    Germany should recall all its gold back home. What if the other country refuses to give it back ?

    • @winstonsmiths2449
      @winstonsmiths2449 Рік тому

      They have asked for it to be returned. Merkel changed that after the US said...no. Some was sent back but it was secretly done and the bars were melted immediately so the news bars "met modern standards". They were NOT the same bars Germany shipped over during the cold war. As crooked as the metal exchanges are, I doubt the gold is still there and the gold that was shipped back was not the original sent to the USA years ago.

    • @carolinemcallister692
      @carolinemcallister692 Рік тому

      would be like a bank robbing own clients, of course the federal reserve would never do that to sovereign entities

  • @aaronahmed3374
    @aaronahmed3374 Рік тому +1

    Germany bank

  • @fdjvmkgg5021
    @fdjvmkgg5021 Рік тому

    😊❤🎉😢

  • @petejames1326
    @petejames1326 10 місяців тому +1

    germans are very intelligent

  • @Manjunathnswamy
    @Manjunathnswamy 3 роки тому +3

    Germany should ship all gold from England and America.. they are enemies

  • @barneycasting8331
    @barneycasting8331 3 роки тому +5

    In 2021 I believe more people are talking about Bitcoin!

    • @ef7480
      @ef7480 3 роки тому +14

      Bitcoin is a failed peer to peer concept. It has no intrinsic value. Its only a code sold to the next person who thinks it will go higher.
      bitcoin has become de-democratised as its ended up as a speculation currency . no one seems to want to use it to buy anything- unless you swap it back into fiat.

    • @chrisholland1504
      @chrisholland1504 3 роки тому +2

      On yeah, because Bitcon has so much instrinsic value doesn't it?

    • @andyjlyon1
      @andyjlyon1 3 роки тому +8

      Bitcoin has been of speculative value for just a few years. Gold has been of intrinsic value for thousands of years.

    • @the.powerinside
      @the.powerinside 3 роки тому +3

      Gold hasn't got any intrinsic value at all. It's just an illusion. Bitcoin is limited - like gold, and therefore it's valuable. And by the way - you don't trade with gold neither.

    • @D00M475a
      @D00M475a 3 роки тому

      @@chrisholland1504 Copper has more intrinsic value than gold, you gold bugs are almost as brainwashed as crypto kids, at least you guys have reason to be.

  • @petaryovev2477
    @petaryovev2477 3 роки тому +3

    Crypto is the future not gold ;)

    • @johnmorey8107
      @johnmorey8107 3 роки тому +10

      Bury a gold coin and your crypto storage in the desert in for 1000 years and guess which will still be worth something?

    • @aManWhoWantsEverything
      @aManWhoWantsEverything 3 роки тому

      @@johnmorey8107 who knows maybe in 1000 year people will above gold as means of trade
      Maybe gold will only be important for manufacturing
      1000 years is alot of time

    • @alisavdagic8116
      @alisavdagic8116 2 роки тому +4

      @@aManWhoWantsEverything Gold will never loose its value. While digital cybercurrency can and will.