Today
James Turk told King World News that the German gold is being held
hostage by the Fed. Turk also believes that one portion of the
Bundesbank’s press release was particularly misleading. Turk reveals
the reality of what is taking place with Germany’s gold, and it’s not
what the mainstream media and the Bundesbank are telling people.
Here is what Turk had to say in this extraordinary interview: “It’s
quite clear that the German gold is being held hostage. They are not
getting what they want. They are getting what the Federal Reserve is
telling them they can have. The fact that they are doing it over 7
years rather than 7 weeks, is just an indication that gold probably
isn’t in the Federal Reserve, and the Federal Reserve doesn’t want to
have to go out and buy it overnight to fulfill the German demand. They
are trying to stretch it out as long as possible in order to keep gold
prices controlled.”
James Turk continues:
“I mean you can do 5 tons
at a time on an airplane shipment. A few hundred shipments and you can
have that (1,536 tons of) gold back (in Germany) in a matter of weeks.
The only possible conclusion you can make is the gold isn’t there.