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Title : Claim Major German Depository Fiscal Establishment Only Refused To Manus Over Client’S Physical Gold
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Claim Major German Depository Fiscal Establishment Only Refused To Manus Over Client’S Physical Gold

King World reports:

London whistleblower Andre Maguire told King World News that i of the largest banks inwards Deutschland precisely refused to provide a client’s golden the banking concern was supposedly storing for the client.

Andrew Maguire:  “Eric, over the final few months nosotros convey been observing Swiss together with High German banks enforcing cash together with golden withdrawal limits for clients.  Currently, Swiss banks are capping customer cash withdrawals to betwixt 100,000 – 200,000 euros.  Although the onus is placed upon private banks to own upwards one's heed cash withdrawal limits for their clients, nosotros convey of late seen these limits enforced to a greater extent than strictly.  This has to travel an unannounced official mandate every bit it is immediately beingness widely reported yesteryear our clients…

Andrew Maguire continues:  “It’s of import to empathise that these cash withdrawal limits also determine physical golden withdrawal limits.  It is the strictly enforced physical golden withdrawal limits that convey our attention.  Following at to the lowest degree 10 like reports to us of banks refusing to deliver clients’ physical golden bars, this calendar week a real wealthy customer sought to withdraw 500 kilos of his physical golden from a High German banking concern for safekeeping inwards a secure, independent vault. The banking concern refused delivery of his golden bars.

These refusals to deliver bullion are immediately resonating loudly plenty to prompt something to travel officially sanctioned soon.  Cash restrictions are already inwards place, however, the work officials potentially facial expression upwards is beingness forced to larn to marketplace to purchase thousands of tonnes of golden bullion to come across the surge of requests to withdraw bullion. That is only non going to travel allowed hap every bit the mass of unallocated exposure sits on the repose sheets of the too-big-too neglect bullion banks…

Look, you lot are much amend off keeping your golden nether your bed or buried inwards the backyard than alongside a bank. You precisely never know when that window is going to close.

-RW  

(ht @Smaulgld)

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