Mark of control

GERMANY should repatriate all of its gold held in foreign banks as a prelude to reinstating a Deutsche mark tied to gold.

Any entity that wishes to convince the public that its money is sound must have complete control over its reserves (the actual money, ie gold or silver) and grant access to third-party auditors without reservation. Therefore, Germany needs to clear up the question of whether or not its gold held outside its control actually exists and/or if it is encumbered in any way.

Germany does not have to offer any excuse or rationale for repatriating its property. Given the state of the euro crisis, Germany should act with all due haste.

Godfrey Bloom, UKIP MEP for Yorkshire and North Lincolnshire and Patrick Barron, Wressle, Selby

Comments (4)

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1:15pm Thu 15 Nov 12

Buzz Light-year says...

Hmmm, is Mr Bloom seeking to engage that well known expert on all things Germany, David Quarrie?
Hmmm, is Mr Bloom seeking to engage that well known expert on all things Germany, David Quarrie? Buzz Light-year
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6:42pm Thu 15 Nov 12

old_geezer says...

What about Germany returning the gold looted from Greece in WW2? That would wipe out the Greek sovereign debt, and ease a huge amount of unnecessary human suffering.
What about Germany returning the gold looted from Greece in WW2? That would wipe out the Greek sovereign debt, and ease a huge amount of unnecessary human suffering. old_geezer
  • Score: 0

6:54pm Thu 15 Nov 12

fear your government says...

the germans need to check every bar they recieve or find themselves in the same sticky spot the chinese found themselves in.
upon recieving their gold that was held in america ,after checking, it was shown to be titinium with a thin veneer of gold.
oh dear .....
the germans need to check every bar they recieve or find themselves in the same sticky spot the chinese found themselves in. upon recieving their gold that was held in america ,after checking, it was shown to be titinium with a thin veneer of gold. oh dear ..... fear your government
  • Score: 0

2:24pm Fri 16 Nov 12

YSTClinguist says...

Interesting you should be offering this opinion of what Germany should do, Mr Bloom.

Have you perhaps got friends in Germany who are relating a particular news item in their local newspapers stating that the vault at Mainz is being readied for just this act?
Interesting you should be offering this opinion of what Germany should do, Mr Bloom. Have you perhaps got friends in Germany who are relating a particular news item in their local newspapers stating that the vault at Mainz is being readied for just this act? YSTClinguist
  • Score: 0

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