Hacker News Comments on "Gold Gone? Germany baffled as Fed bars access to bullion" RT Youtube Video

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Hacker News Comments on
Gold Gone? Germany baffled as Fed bars access to bullion

RT · Youtube · 6 HN points · 0 HN comments

HN Theater has aggregated all Hacker News stories and comments that mention RT's video "Gold Gone? Germany baffled as Fed bars access to bullion".

Youtube Summary

The world is losing trust in the dollar as a safe haven. A major blow came after Germany's Bundesbank demanded the repatriation of a big chunk of its gold being held in the US. Because as RT's Gayane Chichakyan reports, some are concerned the assets of foreign nations in the Federal Reserve are not secure or even there. The Germans were infuriated when the US Federal reserve didn't even let them examine their own assets properly. Peter Boehringer, the founder and chairman of 'German Precious Metal Association', says that's a bad sign.

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Hacker News Stories and Comments

All the comments and stories posted to Hacker News that reference this video.

Federal Reserve defaults when Germany attempts gold withdrawal

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Dec 11, 2013 · 6 points, 3 comments · submitted by loourr

⬐ damm
Looks like a history lesson might be useful. https://en.wikipedia.org/wiki/Nixon_Shock
We stopped operating on gold in 1971 and I doubt we could go back.

⬐ tverr_bjelke
Whew! How can this happen - maybe we are facing a new episode of "free trade amongst allies", trust and auditing ... where are you?

⬐ dredmorbius
Take any story from RT on the stability of the dollar with an abundance of salt.
Yes, the German gold story's fascinating (I've been following it off and on for a year or two now), but ... sort of vague. And RT, as an official arm of the Russian government, has a decided interest in financial instability in the US. Its coverage on other issues (see Sophie Schevardnadze's interview of Karen Hudes which I commented on a week or so back) is ... distinctly spotty.

Hacker News Comments on Gold Gone? Germany baffled as Fed bars access to bullion

Hacker News Stories and Comments

Hacker News Comments on
Gold Gone? Germany baffled as Fed bars access to bullion