MCViewPoint

Opinion from a Libertarian ViewPoint

EconomicPolicyJournal.com: CLAIM Major German Bank Just Refused To Hand Over Client’s Physical Gold

Posted by Martin C. Fox on July 8, 2018

You don’t suppose they don’t have enough gold to cover deposits? Afraid of a run? Or just getting us used to being controlled?

I suspect this all part of the war on cash…along with not actually having the goods.

http://www.economicpolicyjournal.com/2018/07/claim-major-german-bank-just-refused-to.html
London whistleblower Andre Maguire told King World News that one of the largest banks in Germany just refused to return a client’s gold the bank was supposedly storing for the client.
Andrew Maguire: “Eric, over the last few months we have been observing Swiss and German banks enforcing cash and gold withdrawal limits for clients. Currently, Swiss banks are capping client cash withdrawals to between 100,000 – 200,000 euros.

Although the onus is placed upon individual banks to decide cash withdrawal limits for their clients, we have recently seen these limits enforced more strictly. This has to be an unannounced official mandate as it is now being widely reported by our clients…
Andrew Maguire continues: “It’s important to understand that these cash withdrawal limits also determine physical gold withdrawal limits. It is the strictly enforced physical gold withdrawal limits that have our attention. Following at least 10 similar reports to us of banks refusing to deliver clients’ physical gold bars, this week a very wealthy client sought to remove 500 kilos of his physical gold from a German bank for safekeeping in a secure, independent vault. The bank refused delivery of his gold bars...

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