When did Germany begin to store it's gold deposits abroad?
Upvote:3
There may be differnet reasons.
An extract from the German Wikipedia article about German gold reserves:
Die Bundesbank hatte das Edelmetall an den führenden Goldhandelsplätzen New York, London und Paris gekauft und dort belassen
Germany (or better the Bundesbank) bought the gold at the leading markets (NY, London, Paris) and never transported it away. Just imagine the problems of a safe transport of the gold.
Another topic: There are about 500.000 Euro costs to deposit it at the Bank of England. In USA and France it is free. Maybe it is cheaper to store it abroad?
And the last reason: Why do you think it is more protected at home? During WWII Germany conquered big parts of Europe and there where different Governments in exile. With gold abroad they still had access to there gold. The gold inside would be a capture of the conquerer. It is always a good idea to split the risk.
For your speculative question: There were doubts, if the gold is still available. So let's bring it home ;)
More post
- 📝 What role has a generally armed populace had on resisting a **potentially repressive government?**
- 📝 Where can I find more information on the Federated Malay States V.F.?
- 📝 Did Peter the Great promote rights for women? If so, how?
- 📝 Did Hezbollah kidnap Russian diplomats, and Russia subsequently dismember Hezbollah family members?
- 📝 Cold War proxy countries views on nationalism or decolonization?
- 📝 Why the six hour gap between British and French declarations of war?
- 📝 Why did some ancient societies make human sacrifices but others did not?
- 📝 How did people put down a drinking horn?
- 📝 Did the Nazis identify as being Fascists? How exactly did they view themselves?
- 📝 How did the development of unbreakable and asymmetric encryption change warfare?
- 📝 Any historical documented cases of language acquisition?
- 📝 Why did Pakistan get involved in Soviet-Afghan war from 1979 to 1989?
- 📝 Did ancient/medieval armies have music/chants to march to?
- 📝 Was the year 2000 a really peaceful time in history for the West?
- 📝 Was Cleopatra technically a princess?
- 📝 Vikings: The sagas of Ragnar Lothbrock and his sons
- 📝 What wars were there which were contemporaneous with but unconnected to ww2?
- 📝 During the Sengoku-jidai, what were shinobi (aka ninja) used for?
- 📝 Why is/was the world's expo 1967 so important to Montreal, Canada?
- 📝 Why in the 70s and 80s was the United Kingdom called Great Britain in the international naming conventions?
- 📝 Did German submarines communicate with allied convoys during battle?
- 📝 What were the indigenous populations of California before American settlement began to peak?
- 📝 Did starvation or malnutrition occur in indigenous American societies?
- 📝 What does Tuchman mean by transition to a "money economy" in the Middle Ages?
- 📝 Prisons and prison laws in Old Testament times?
- 📝 Has a British peer ever come to live in a typically lower class way?
- 📝 Did the Golden Horde shoe their horses?
- 📝 What would the style of wanted posters be in 1500's
- 📝 Was there any way to deal with infections in pre-modern times?
- 📝 What happened to University College of San Francisco?
Source: stackoverflow.com
Search Posts
Related post
- 📝 When did Germany begin to store it's gold deposits abroad?
- 📝 When and how did people begin to consider slavery immoral?
- 📝 When did Germans begin to call themselves "Deutsche"?
- 📝 When did countries begin making up a pretext before starting a war?
- 📝 When planning Barbarossa, did Germany conceive of the Soviet migration of heavy industry?
- 📝 When did the Romans begin using the sword, as opposed to the axe, for decapitation?
- 📝 When did the cats versus dogs rivalry begin in the US?
- 📝 Why was gold so popular and valuable back when it did not have many real world uses?
- 📝 Did Hitler make the right decision for Germany when he called off Operation Zitadelle (during the Battle of Kursk)?
- 📝 When did Northern India and N. China begin to dominate in global demographics?
- 📝 What route did the Hindenburg take when traveling from Germany to the U.S.?
- 📝 When did we begin using metal mesh platforms?
- 📝 When did Australia declare war on Germany in WWII
- 📝 When did we start expecting a store to have bags for our purchases?
- 📝 When did abolition of property qualifications for voting begin in the USA?
- 📝 When did the term "mirror" begin to be used in place of "looking glass?"
- 📝 When did the Chinese begin using night soil as fertilizer?
- 📝 When did spotlights begin to be used at lectures?
- 📝 When did American elections begin to use the ballot?
- 📝 When did Germany pay the full amount of reparations of the Versailles treaty?
- 📝 When did disabilities begin to become recognized?
- 📝 When did the Roman consular year begin during the Republic and Empire?
- 📝 When did soldiers begin wearing ballooned pants?
- 📝 When did the popular idea begin that the 21st century would commence on 1st January 2000?
- 📝 Why did Hitler attack the Soviet Union when he was still busy fighting the United Kingdom?
- 📝 When did people decide that all caps means the writer is shouting?
- 📝 When did the allies find out about the killing of Jews during WW2
- 📝 Why did archery not make a comeback when armor was phased out in the 18th century?
- 📝 When did bombs actually look like this?
- 📝 How and when did the word "nuclear" replace the word "atomic"?
