The analytical program "However," with Mikhail Leontyev 21 January 2013
Against the background of talks about stabilizing the situation in the financial markets and resolving the debt problems of Europe and America, a process is under way that is worth paying attention to.
Germany returns to the country its gold reserves held abroad. The Bundesbank announced its intention until 2020 to return to its storage facilities most of the gold stored in the United States, Britain and France. Germany, which has the second gold reserve after the United States (a little less than three and a half tons versus eight for the Americans), stores most of its gold according to the well-known historical reasons abroad.
The historical causes resulting from the Second World War are well known. But it is also known that Germany politically correctly trusts its Atlantic partners in key issues of policy, sovereignty and security. What can we say about such nonsense as finance. Therefore, such a decision by Germany, the healthiest economy of the modern sick world, is nothing but evidence of a deep distrust of the entire current global financial system.
It is supposed to return German gold from France almost completely, most of it from Britain and about half from the United States.
From the film “The Meeting Place cannot be changed”: “When we go to work, I want my savings account with me to be. It will warm my heart.”
It is clear that the United States deserves more German political correctness than, for example, France. However, France is the eurozone. In the context of the existence of a single European currency, the movement of German reserves from Paris is generally meaningless. But is it in terms of existence? And if not? That is, we must understand that Germany, which is the main pillar, engine and beneficiary of the eurozone, is not sure about its future. And wants to be prepared for the worst.
“Now many ambushes have been overcome, they have already been passed. But experience shows that the lull can only be temporary. And we should be ready for this.”, - noted Vladimir Putin.
From the point of view of gold reserves, we are ready, as young pioneers. Our reserves, quite recently, are still very scarce, are rapidly increasing. And for historical reasons, we, unlike Germany, keep it in our country. As for everything else, we still have to prepare and prepare.