Today a legend in the business told King World News, “… the German gold hoard, which is supposed to be stored at the Fed, may already be gone.” Keith Barron, who consults with major companies around the world and is responsible for one of the largest gold discoveries in the last quarter century, also believes countries like Germany, Austria, and others are in serious danger of having claims on their gold stored at the Fed evaporate.
Here is what Barron had to say: “This has been happening for quite some time. In fact, I can remember hearing 6 or 7 years ago that Gaddafi wanted all of his gold back from New York. There were several tons going on a transport plane out of New York once a week to Libya.”
Keith Barron continues:
“He (Gaddafi) just didn’t trust any other government with it. Of course we all know what happened to him eventually. His gold has kind of gone missing (appropriated), and nobody knows where it is now. This is the problem the Germans, Austrians, and various other countries are facing.
They don’t want their gold to go missing….
“In the case of Germany, the gold was sent abroad to France, and to the Federal Reserve Bank of New York during the Cold War because of fears the Russians may overrun Germany and seize the gold.