By James Rothwell
The Telegraph, London
Friday, April 4, 2025
Germany is considering removing an enormous stockpile of gold from a vault in New York over worries about Donald Trump’s unpredictable policies.
For decades, Berlin has stashed 1,200 tons of its famous gold reserves, the second largest on the planet after those of the United States, in a vault deep underground at the U.S. Federal Reserve in Manhattan.
... Dispatch continues below ...
... ADVERTISEMENT ...
StrikePoint Gold explores in Walker Lane in Nevada
and expects to report drilling results this month
StrikePoint Gold CEO Michael G. Allen has just posted a 90-second video about the company's 100-square-kilometer Hercules Gold Project in the Walker Lane area of Nevada, which has several multi-million gold ounce deposits. The Hercules project is close to a Kinross mine, and StrikePoint is putting six or seven drill holes into it. The company expects to report drill results this month.
StrikePoint trades on the TSX-V under the symbol SKP and on the OTCQB market as STKXF.
To view the video, visit:
https://www.youtube.com/shorts/yiKnPkkoAkI [1]
To learn more about StrikePoint Gold, visit its internet site here:
https://strikepointgold.com/ [2]
Now senior figures from the conservative Christian Democratic Union (CDU) party, which is set to lead the next German government, have discussed removing it from New York because of concerns that Washington is no longer a reliable partner, the Bild newspaper has reported.
"Of course, the question has arisen again," Marco Wanderwitz, a former German government minister who gave up his CDU seat in the Bundestag this year, told Bild.
Mr. Wanderwitz has long advocated for a policy that would allow German officials to regularly inspect the gold -- or withdraw it completely.
He has previously lobbied to visit the gold reserves and personally inspect them, but his request was rejected in 2012.
... For the remainder of the report:
* * *
Support GATA by purchasing
Stuart Englert's "Rigged"
"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon:
* * *
Help keep GATA going:
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
To contribute to GATA, please visit:
http://www.gata.org/node/16 [6]
Donations of $250 will entitle the donor to a 1-ounce silver round commemorating GATA's work:
https://www.gata.org/sites/default/files/GATA-silver-round-front.png [6]