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German and Italy calls for the US Federal Reserve and the Growth of the US Federal Turbulence to remove the gold from New York after Donald Trump’s recycling attacks.
Fabio de Masi, who joined the left dress populist BSW party, said that Fabio De Masi was “strong arguments” for more relocation of financial time gold “In turbulent periods” to Europe or Germany.
According to the World Gold Council, Germany and Italy, the second and third largest national gold reserves of the United States are $ 3.352 tons and 2.452 tons, 2,452 tons. New York in Manhattan, the New York federal reserve, which holds more than a third of the Kishi in the United States, also trusts in the New York federal reserve in Manhattan. Among them, according to FT estimates, the gold stored in the United States has a market value of more than $ 245 billion.
This is mainly reduced for historical reasons, but also with London reflects the state of New York as one of the most important shopping centers in the world.
However, Trump’s incorrect politician and wider geopolitical riots, causing public discussions on the issue in the regions of Europe. The US President said the US Central Bank did not reduce debt expenses in the early this month, “something to force something.”
The idea of replacing gold in Germany attract support from both ends of the political spectrum.
Peter Gauweiler, a prominent former conservative MP of the Bavarian Christian Social Union, stressed that Bundesbank should not take any shortcuts to protect the country’s gold reserves.
“When the maintenance of gold abroad is more reliable and stabilized, Gauweiler told FT to FT, who made FT more reliable to FT.
European taxpayers have sent letters to the Ministry of Finance and Central Banks in Germany and the Central Banks of Italy, and the police called on his trust for the guardianship for gold.
“We are very worried about our federal reserve bank’s independence,” Michael Jäger, Tae President FT reported.
“Our recommendation is to bring the golden house to ensure unlimited control at any point in the timely center of European centers.”
Italian Prime Minister Giorgia Meloni’s visit to Washington to apply to Trump in April, Economic Commentator Enrico Grazzini, Il Fatto Quotidiano wrote: “Leaving 43 percent of Italian gold reserves, is very dangerous for national interest.”
One questionnaire This week, more than 70 global banks, in the event of a crisis, he thought to realize his gold in connection with their ability to access bullion.
At the Fed in the Fed in European Central Banks, the proxy of gold guardianship in the Fed has long been a bone of the argument. Western European countries gathered large gold reserves during the economic boom after two decades after the Second World War.
By 1971, the Central Bank of dollars, the Central Bank of the US was turned into gold in the system of establishing a stable exchange rate by the Golden Bank. The maintenance of precious metals in the Atlantic was also seen as a hedge against the Soviet Union.
France Moved in the middle of the 1960s After the President Charles de Gaulle lost confidence in the Bretton Woods system, most of the foreign gold reserves until Paris.
In Germany, since 2010, the campaign “Back our daughter” has changed the Bundesbank policy. In 2013, the Central Bank of Germany decided to hold 674 tons of ingots in half of his reserves, 674 tons of ingots from Paris and New York to the Frankfurt headquarters in a high security work. At present, 37% of Bundesbank’s gold reserves are kept in New York.
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For Boehringer, the main evidence to bring the house of gold is not related to the US government. “Gold is a recent tool for central banks, and therefore, no third party should be kept without a third party risk,” he said, “It’s really important for gold,” he said.
In 2019, in Italy, Meloni’s Italian Party, in the opposition, lobbied to return the country’s gold reserves. If the party came to power, Meloni promised to bring the Italian golden house.
However, since the end of 2022, Meloni was silent on the subject. While the danger of a deep commercial war, the Trump wants to protect friends.
A brother Fabio Rampelli, a member of the Italian parliament, said that the current position of the party is “relative importance” in the “historic location” of the Golden of Italy “.
German investment veteran Bert Flossbach, the country’s largest independent asset manager Flossbach Von Storch, a similar argument: “Send a signal to the United States, which links gold with a large fan.”
Bundesbank said, “If necessary, not only security, but also in liquidity, but also regularly evaluates the storage of gold holdings.”
It stressed that it was fed from New York, the German gold remains a “important storage location”, “New York Fed is a reliable and reliable partner to protect our gold reserves.”
Italy, Italy, Meloni and the Ministry of Finance refused to comment.