Did the US exappropriate and steal Germany's gold?

Discussion in 'International Politics' started by pmaitra, Feb 18, 2014.

  1. pmaitra

    pmaitra Moderator Moderator

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    Did the US exappropriate and steal Germany's gold? Are the Germans the only victims of this fraud?

    So, Germany trusted the US Federal Reserve, and kept about half of their gold reserves with the US Federal Reserve. With the weakening of the US Dollar, and a burgeoning external debt of the US, naturally, Germany became nervous about its gold. So, they wanted to have the look at the gold, which was physically supposed to be stored in the US Federal Reserve's vaults. What did they see?

    See the video below for more information:

    Gold Gone? Germany baffled as Fed bars access to bullion - YouTube

    Disclaimer: I did mention the term "US Federal Reserve." Just to clarify, there is nothing "US or American" about it, nor is there anything "Federal" about it. It is just a private bank. As a matter of fact, one couldn't be sure whether even the word "Reserve" is any more appropriate.
     
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  3. happy

    happy Senior Member Senior Member

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    The US is loosing all of it's credibility gradually. Recently I talked with my relatives in Ohio and they were very much concerned about almost everything. :facepalm:

    +ve thing is India did not store any gold in US Fed...or did it ?? :scared2:
     
  4. The Messiah

    The Messiah Bow Before Me! Elite Member

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    Serves them right for storing there gold in another country.
     
  5. Waffen SS

    Waffen SS New Member

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    Modern Germany is nothing but a huge puppet of US. They lost their Germanness and fighting spirit for which they were famous. Now they feel no shame that lots of Foreigners troops are stationed in German soil.:tsk:

    I wonder why did they store their Gold in US? :why: Perhaps they still cant forget US "saved" them from Communism.

    No other country should repeat this mistake.

    Waiting for Germany's reaction.
     
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  6. Razor

    Razor CIDs from Tamilnadu Senior Member

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    True and sad.

    They thought the Soviets would steal the gold. :lol:
     
  7. Ray

    Ray The Chairman Defence Professionals Moderator

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    All major countries that won WWII, have ransacked not only economic wealth of Germany, but also its scientific and intellectual wealth.

    One example is Wernher von Braun, a German rocket engineer and space architect. He was one of the leading figures in the development of rocket technology in Germany during World War II and, subsequently, in the United States.

    Operation Paperclip was the Office of Strategic Services (OSS) program used to recruit the scientists of Nazi Germany for employment by the United States in the aftermath of World War II. It was conducted by the Joint Intelligence Objectives Agency (JIOA), and in the context of the burgeoning Cold War, one purpose of Operation Paperclip was to deny German scientific expertise and knowledge to the Soviet Union and the United Kingdom, as well as inhibiting post-war Germany from redeveloping its military research capabilities.

    the JIOA had identified for recruitment, among them rocket scientists Wernher von Braun, Kurt H. Debus and Arthur Rudolph, and the physician Hubertus Strughold, each earlier classified as a "menace to the security of the Allied Forces".

    To circumvent President Truman's anti-Nazi order and the Allied Potsdam and Yalta agreements, the JIOA worked independently to create false employment and political biographies for the scientists. The JIOA also expunged from the public record the scientists' Nazi Party memberships and régime affiliations. Once "bleached" of their Nazism, the scientists were granted security clearances by the U.S. government to work in the United States. Paperclip, the project's operational name, derived from the paperclips used to attach the scientists' new political personae to their "US Government Scientist" JIOA personnel files

    (Wiki)
     
    Last edited: Feb 22, 2014
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  8. Ray

    Ray The Chairman Defence Professionals Moderator

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    In May 1945, the U.S. Navy "received in custody" Dr. Herbert A. Wagner, the inventor of the Hs 293 missile; for two years, he first worked at the Special Devices Center, at Castle Gould and at Hempstead House, Long Island, New York; in 1947, he moved to the Naval Air Station Point Mugu.

    In August 1945, Colonel Holger Toftoy, head of the Rocket Branch of the Research and Development Division of the U.S. Army's Ordnance Corps, offered initial one-year contracts to the rocket scientists; 127 of them accepted. In September 1945, the first group of seven rocket scientists arrived at Fort Strong, located on Long Island in Boston harbor: Wernher von Braun, Erich W. Neubert, Theodor A. Poppel, August Schulze, Eberhard Rees, Wilhelm Jungert, and Walter Schwidetzky.

    Beginning in late 1945, three rocket-scientist groups arrived in the United States for duty at Fort Bliss, Texas, and at White Sands Proving Grounds, New Mexico, as "War Department Special Employees".

    In 1946, the United States Bureau of Mines employed seven German synthetic fuel scientists at a Fischer-Tropsch chemical plant in Louisiana, Missouri.

    In early 1950, legal U.S. residency for some of the Project Paperclip specialists was effected through the U.S. consulate in Ciudad Juárez, Chihuahua, Mexico; thus, Nazi scientists legally entered the United States from Latin America.

    Eighty-six aeronautical engineers were transferred to Wright Field, where the United States had Luftwaffe aircraft and equipment captured under Operation Lusty (Luftwaffe Secret Technology).

    The United States Army Signal Corps employed 24 specialists – including the physicists Georg Goubau, Gunter Guttwein, Georg Hass, Horst Kedesdy, and Kurt Lehovec; the physical chemists Rudolf Brill, Ernst Baars, and Eberhard Both; the geophysicist Helmut Weickmann; the optician Gerhard Schwesinger; and the engineers Eduard Gerber, Richard Guenther, and Hans Ziegler.

    In 1959, 94 Operation Paperclip men went to the United States, including Friedwardt Winterberg and Friedrich Wigand. Throughout its operations to 1990, Operation Paperclip imported 1,600 men, as part of the intellectual reparations owed to the United States and the UK, some $10 billion in patents and industrial processes.

    During the decades after they were included in Operation Paperclip, some scientists were investigated because of their activities during World War II. Arthur Rudolph was deported in 1984, but not prosecuted, and West Germany granted him citizenship. Similarly, Georg Rickhey, who came to the United States under Operation Paperclip in 1946, was returned to Germany to stand trial at the Dora Trial in 1947; he was acquitted, and returned to the United States in 1948, eventually becoming a U.S. citizen. The aeromedical library at Brooks Air Force Base in San Antonio, Texas, had been named after Hubertus Strughold in 1977. However, it was later renamed because documents from the Nuremberg War Crimes Tribunal linked Strughold to medical experiments in which inmates from Dachau were tortured and killed.

    http://en.wikipedia.org/wiki/Operation_Paperclip

    The Soviet Union exploited the technical expertise of the German specialists who were resident in the Soviet occupation zone of Germany as well as POWs held in the USSR. In October 1946 the Soviet NKVD forcibly deported from East Germany "a few hundred" selected German experts to work in the USSR. They were held under favorable conditions and most were released by 1948. They worked in the aviation industry and the development of submarines. A selected few remained in the USSR until the early 1950s including German scientists who worked in the Soviet Union on the development of ballistic missiles, Helmut Gröttrup was among this group. They were not directly involved in the missile program but were only consulted by Soviet engineers.
     
    Last edited: Feb 22, 2014
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  9. W.G.Ewald

    W.G.Ewald Defence Professionals/ DFI member of 2 Defence Professionals

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  10. W.G.Ewald

    W.G.Ewald Defence Professionals/ DFI member of 2 Defence Professionals

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  11. Peter

    Peter Senior Member Senior Member

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    A very interesting fact about Americans is that a major component of Americans have German ancestry and they comprise the largest white ancestry group(http://en.wikipedia.org/wiki/German_American)(not taking Hispanics). Still the Americans waged war on Germany in WW1 and WWII. Never understood why they did it?
     
    Last edited: Mar 4, 2014

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