{"id":95658,"date":"2025-06-25T15:00:37","date_gmt":"2025-06-25T23:00:37","guid":{"rendered":"https:\/\/www.cogwriter.com\/news\/?p=95658"},"modified":"2025-06-25T19:34:06","modified_gmt":"2025-06-26T03:34:06","slug":"germany-and-italy-considering-repatriating-gold-from-the-united-states","status":"publish","type":"post","link":"https:\/\/www.cogwriter.com\/news\/prophecy\/germany-and-italy-considering-repatriating-gold-from-the-united-states\/","title":{"rendered":"Germany and Italy considering repatriating gold from the United States"},"content":{"rendered":"

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\n(Photo via UnSplash)<\/em><\/p>\n

COGwriter<\/a><\/p>\n

Donald Trump’s tariff statements and actions have had a variety of unintended consequences. Not only has the price of gold hit record amounts in US dollar terms, but Germany and Italy are considering relocating gold stored in the United States to their own nations:<\/p>\n

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Gold: Germany (and Now Italy) Want $245 Billion Back<\/h2>\n

25 June 2025<\/p>\n

Recall back in April of this year … Germany had a nascent but growing movement to repatriate its Gold from the US. Of chief importance was the longstanding assumption that Germany\u2019s gold reserves were safe in New York is no longer taken for granted. Political shifts in Washington, public calls for increased transparency, and broader concerns about U.S. reserve integrity are prompting parts of Berlin\u2019s political establishment to reassess the wisdom of maintaining large-scale gold holdings abroad. Turns out this is now a growing risk to global bullion markets spreading both internally in Germany and externally into Italy.<\/p><\/blockquote>\n

Yesterday, the\u00a0Financial Times reported<\/a> that Germany and Italy are under mounting pressure to move their gold reserves\u2014currently held in New York\u2014back to Europe. Concerns stem from geopolitical instability and repeated political interference by former U.S. President Donald Trump in Federal Reserve policy.<\/p><\/blockquote>\n

Germany and Italy hold the second- and third-largest official gold reserves in the world (3,352 and 2,452 tonnes respectively), and each stores over a third of that in the vaults of the New York Federal Reserve. The total combined market value exceeds $245 billion, according to FT estimates.<\/p><\/blockquote>\n

Critics across Europe are questioning the prudence of outsourcing custody to the U.S., particularly under the specter of political volatility. Fabio De Masi of Germany\u2019s BSW party told the Financial Times that relocating gold to Europe during \u201cturbulent times\u201d is a logical risk-management step. Former conservative MP Peter Gauweiler echoed this, noting the Bundesbank must re-evaluate the security and stability of foreign storage. …<\/p><\/blockquote>\n

Italy\u2019s Giorgia Meloni, who once vowed to repatriate Italy\u2019s bullion, has since taken a more muted stance as Prime Minister. Her party now calls the gold\u2019s location \u201cof relative importance.\u201d<\/p>\n

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\u201cGold is an asset of last resort for central banks. It needs to be stored without any third-party risk.\u201d \u2014 Peter Boehringer, AfD MP https:\/\/www.zerohedge.com\/news\/2025-06-25\/gold-germany-and-now-italy-want-245-billion-back<\/a><\/p>\n<\/div>\n<\/blockquote>\n

Here is something from earlier this year about gold and Germany:<\/p>\n

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Desperate in Deutschland<\/h2>\n

April 1, 2025<\/p>\n

Germany has the second-largest gold reserves in the world (on paper, at least<\/em>). The country\u2019s official holdings clock in at 3,352 tons, behind only the United States\u2019 8,133 tons.<\/p>\n

About 37% of Germany\u2019s gold, 1,236 tons, is held by the New York Federal Reserve. The gold was moved to the U.S. for safekeeping in the aftermath of WW2, when the threat of Soviet tanks charging through the Fulda Gap loomed large.<\/p>\n

Back in 2013, German politicians first raised a stink about bringing their gold back home. By 2017 a decent chunk the nation\u2019s gold had been returned to Germany\u2019s central bank, mostly from France and England.<\/p>\n

Only about 300 tons of that came from the NY Fed, which brings us to today, when more than a third of German gold still sits in NY Fed vaults beneath Manhattan.<\/p>\n

Today German conservatives are once again lobbying to at least be able to inspect their reserves at the NY Fed, which they still haven\u2019t been able to do.<\/p>\n

Here\u2019s a recent quote by Michael Jager, of the European Taxpayers Association. From the German tabloid\u00a0Bild<\/em>:<\/p>\n

The Bundesbank and the German government must demonstrate foresight in this phase of global power shifts and immediately retrieve German gold from the USA. Especially at a time when Berlin and Brussels are discussing immense new debt, we need immediate access to all gold reserves in an emergency.<\/em><\/p>\n

That quote is from a\u00a0Bild<\/em>\u00a0article dramatically titled\u00a0Bring our gold back from the USA immediately!<\/a>: …<\/p>\n

Governments are no longer as trusting when it comes to gold reserves held by foreign central banks.<\/p>\n

This is yet another signal that we are\u00a0nearing the end<\/a> of this period of fiat currency dominance. https:\/\/dailyreckoning.com\/desperate-in-deutschland\/<\/a><\/p><\/blockquote>\n

Germany thought about doing more of this back in 2020 if Donald Trump were to be re-elected then:<\/p>\n

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Will Germany Repatriate its Gold From New York If Trump Wins the Election?<\/span><\/h2>\n

October 28, 2020<\/p>\n

During the Trump administration political ties between the U.S. and Germany have critically deteriorated. Recently, the U.S. imposed sanctions on companies working on Nord Stream 2, and announced to withdraw 12,000 troops from Germany. In 2013, when Germany repatriated gold from the U.S., the Germans communicated: we will not be threatened.<\/p><\/blockquote>\n

Gold is a political metal. \u201cWhoever has the gold makes the rules,\u201d as the saying goes. Because gold serves as the backstop of the international financial system, the global distribution of gold influences the balance of power. This is true for gold ownership, but it also applies to storage locations. The more of its gold reserves Germany stores at the Federal Reserve Bank of New York, the more leverage the U.S. has over Germany. \u2026<\/p><\/blockquote>\n

Since the launch of the Eurosystem Germany has been repatriating gold. Currently, Germany has 1,698 tonnes (50%) stored on its own soil, 1,236 tonnes (37%) stored in the U.S., and 432 tonnes (13%) in the U.K. Officially, Germany has the second largest gold reserves in the world at 3,366 tonnes. \u2026<\/p><\/blockquote>\n

Germans are no fan of Trump. The annual \u201cThe Fears of the Germans<\/a>\u201d\u00a0survey<\/a>, performed by\u00a0R+V Versicherung<\/a>, shows that in 2020 the people in Germany fear nothing more than Trump\u2019s foreign policy. \u2026<\/p><\/blockquote>\n

Germany might be waiting for the elections in the U.S., because Biden can change America\u2019s foreign policy. If Trump wins, and trans-Atlantic alliances further deteriorate, I wouldn\u2019t be surprised if Germany brings more gold home. The consequences will be significant.\u00a0One, if Germany repatriates because of a political dispute, this can incentivize other countries to repatriate from New York as well, causing a run on the Fed. Second, Germany would emphasize the importance of gold, which hurts the credibility of the dollar.\u00a0<\/strong>https:\/\/www.zerohedge.com\/commodities\/will-germany-repatriate-its-gold-new-york-if-trump-wins-election<\/a><\/p><\/blockquote>\n

As far as gold goes, notice something from my latest book available at Amazon Kindle: Unintended Consequences and Donald Trump\u2019s Presidency: Is Donald Trump Fulfilling Biblical, Islamic, Greco-Roman Catholic, Buddhist, and other America-Related Prophecies?<\/a>\u00a0as well as Amazon print\u00a0Unintended Consequences and Donald Trump\u2019s Presidency: Is Donald Trump Fulfilling Biblical, Islamic, Greco-Roman Catholic, Buddhist, and other America-Related Prophecies?<\/a><\/span>:<\/p>\n

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Since many are now questioning the role of the USA\u00a0dollar as the world\u2019s reserve currency, more are looking into other currencies as well as gold.<\/p>\n

Gold will set records in U.S. dollar terms. \u2026\u00a0<\/em>gold will set further records in U.S. dollar terms in the relatively near future.<\/p>\n

It has been asserted that:<\/p>\n

The only replacement for fiat {currency} is a currency credibly backed by gold.[i]<\/a><\/p>\n

Although the above can be debated, the reality is after the elimination of the USA and the crash of its dollar, the world will want something more stable than unbacked currency. Thus, it is likely that some type of gold-backed currency will emerge as the preferred reserve currency in the world.<\/p>\n

It has long been reported that various nations around the world are already in the process of accumulating gold to one day overthrow the U.S. dollar\u2014and that the \u201cU.S. is unprepared for this strategic alternative to dollar dominance.\u201d[ii]<\/a> Various steps were also taken in 2022 and 2024.[iii]<\/a><\/p>\n

When the U.S.\u00a0dollar totally collapses people all around the world will consider that even if the euro (or something similar)\u00a0is strong, having a more gold-backed currency would be safer.<\/p>\n

The collapse of the USA dollar will shake a lot of the world\u2019s confidence in non-gold backed currencies. The Europeans do not have to have a perfect currency, only one that is perceived to be in better shape than the USA dollar or various other currencies.<\/p>\n

Having the European power acquiring more gold to back the Euro or possibly another future European currency (that might potentially replace the Euro or even a basket of currencies) may greatly increase European credibility, prosperity, and influence around the globe, even if the backing is only implied. (pp. 205-207)<\/p>\n

[i]<\/a> MacLeod A. Designing a new currency is impractical. Goldmoney Insights, March 24, 2022<\/sup><\/p>\n

[ii]<\/a> Rickards J. Axis of Gold. The Daily Reckoning, December 20, 2016<\/p>\n

[iii]<\/a> Guistra F. Why the U.S. dollar will be replaced as the dominant global currency \u2014 sooner than you think. Toronto Star, July 5, 2022; Bezek I, Duggan W. De-Dollarization: What Would Happen if the Dollar Lost Reserve Currency Status? US News & World Report, November 2024<\/sup><\/p>\n

(Thiel B.\u00a0Unintended Consequences and Donald Trump\u2019s Presidency: Is Donald Trump Fulfilling Biblical, Islamic, Greco-Roman Catholic, Buddhist, and other America-Related Prophecies?<\/a> Nazarene Books, 2025, pp. 205-207)<\/p><\/blockquote>\n

And we have already seen gold hit a record price multiple times since that book came out in mid-January 2025.<\/p>\n

While I am NOT a \u201cgold bug\u201d as I understand how some define that term, Bible prophecy shows that gold and silver will have value into at least part of the Great Tribulation\u2013which means it will have value AFTER the USA dollar is done.<\/p>\n

Notice the following prophecies related to the coming European (at least partially German per Isaiah 10:5-12)\u00a0King of the North<\/a>:<\/p>\n

37 He shall regard neither the God of his fathers nor the desire of women, nor regard any god; for he shall exalt himself above them all. 38 But in their place he shall honor a god of fortresses; and a god which his fathers did not know he shall honor with gold and silver, with precious stones and pleasant things. 39 Thus he shall act against the strongest fortresses with a foreign god, which he shall acknowledge, and advance its glory; and he shall cause them to rule over many, and divide the land for gain.<\/p>\n

40 \u201cAt the time of the end the king of the South shall attack him; and the king of the North shall come against him like a whirlwind, with chariots, horsemen, and with many ships; and he shall enter the countries, overwhelm them, and pass through. 41 He shall also enter the Glorious Land, and many countries shall be overthrown; but these shall escape from his hand: Edom, Moab, and the prominent people of Ammon. 42 He shall stretch out his hand against the countries, and the land of Egypt shall not escape. 43 He shall have power over the treasures of gold and silver, and over all the precious things of Egypt; (Daniel 11:37-43)<\/p><\/blockquote>\n

If gold and silver were of no value then, then they would not be precious (see also Zechariah 14:13-14) to the\u00a0King of the North<\/a>. The Bible clearly shows that gold and silver will be of value into the time of the final Babylon (Revelation 18:11-16). It may well be that the King of the North will realize that his currency needs more gold-backing as the collapsing of the USA dollar will likely send shockwaves against other paper currencies.\u00a0Gold will help stabilize whatever currency he is supporting. He even may start amassing gold prior to the invasion of the USA (Daniel 11:37-39), but will clearly do so afterwards when he invades the King of the South (Daniel 11:40-43).<\/span><\/p>\n

The fact that more in Germany want to repatriate gold is consistent with those prophecies in the Book of Daniel.<\/p>\n

Shortly after Donald Trump became USA president, the\u00a0Continuing<\/em>\u00a0Church of God<\/a>\u00a0put out the following video on our\u00a0Bible News Prophecy<\/a>\u00a0YouTube channel:<\/p>\n

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\n<\/a>10:08<\/div>\n<\/blockquote>\n<\/div>\n<\/div>\n<\/div>\n
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Germany, Gold, and the US Dollar<\/a><\/h3>\n<\/div>\n<\/blockquote>\n
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In February 2017, Germany announced that it repatriated more of its gold three years ahead of schedule. Why would Germany do this? Are various nations accumulating gold with the intention to dethrone the US dollar as the world\u2019s reserve currency? Will the US dollar ever collapse? Does the Bible teach that gold will have value after the currency of the USA is no more? Will gold deliver people in the end? What does the Bible teach?<\/div>\n<\/blockquote>\n<\/div>\n
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Here is a link to our video:\u00a0Germany, Gold, and the US Dollar<\/a>.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

So, yes it is interesting that the idea that Germany may repatriate more of its gold.<\/p>\n

Germany, and much of the rest of Europe, is in the process of decoupling more and more from the USA.<\/p>\n

For additional information, check out the following articles:<\/em><\/p>\n

The Plain Truth About Gold in Prophecy. How Should a Christian View Gold? What About Silver?<\/a> What do economists and the Bible teach about gold? Gold and silver may drop in value. Inflation\/deflation? What do Christians need to know about gold and silver? Two videos of related interest may be: Germany, Gold, and the US Dollar<\/a> and Silver, Science, and Scripture<\/a>.
\n25 items to prophetically watch in 2025<\/a> Much is happening. Dr. Thiel points to 25 items to watch (cf. Mark 13:37) in this article. Here is a link to a related sermon video: 25 Items to Watch in 2025<\/a>.
\nWho is the King of the West?<\/a> Why is there no Final End-Time King of the West in Bible Prophecy? Is the United States the King of the West? Here is a version in the Spanish language: \u00bfQui\u00e9n es el Rey del Occidente? \u00bfPor qu\u00e9 no hay un Rey del Occidente en la profec\u00eda del tiempo del fin?<\/a> A related sermon is also available: The Bible, the USA, and the King of the West<\/a>.
\nWho is the King of the North?<\/a> Is there one? Do biblical and Roman Catholic prophecies for the Great Monarch point to the same leader? Should he be followed? Who will be the King of the North discussed in Daniel 11? Is a nuclear attack prophesied to happen to the English-speaking peoples of the United States, Great Britain, Canada, Australia, and New Zealand<\/span>? When do the 1335 days, 1290 days, and 1260 days (the time, times, and half a time) of Daniel 12 begin? When does the Bible show that economic collapse will affect the United States? In the Spanish language check out \u00bfQui\u00e9n es el Rey del Norte? <\/a>Here are links to two related videos: The King of the North is Alive: What to Look Out For<\/a> and The Future King of the North<\/a>.
\nThe Great Monarch: Biblical and Catholic Prophecies<\/a><\/span> Is the \u2018Great Monarch\u2019 of Catholic prophecies endorsed or condemned by the Bible? Two sermons of related interest are also available: Great Monarch: Messiah or False Christ?<\/a><\/span> and Great Monarch in 50+ Beast Prophecies<\/a>.
\nThe End of US Dollar Dominance<\/a> Is the USA losing its economic status? What about the petro-gold-yuan? A related video is also available: US Dollar being challenged by Gold-Petro-Yuan<\/a>.
\nPhysical Preparation Scriptures for Christians<\/a>. We all know the Bible prophecies famines. Should we do something? Here is a version in the Spanish language Escrituras sobre Preparaci\u00f3n f\u00edsica para los Cristianos<\/a>. Here is a link to a related sermon: Physical preparedness for Christians<\/a>.
\nEuropa, the Beast, and Revelation<\/a> Where did Europe get its name? What might Europe have to do with the Book of Revelation? What about \u201cthe Beast\u201d? Is an emerging European power \u201cthe daughter of Babylon\u201d? What is ahead for Europe? Here is are links to related videos: European history and the Bible<\/a>, Europe In Prophecy<\/a>, The End of European Babylon<\/a>, and Can You Prove that the Beast to Come is European?<\/a> Here is a link to a related sermon in the Spanish language: El Fin de la Babilonia Europea<\/a>.
\nUnintended Consequences and Donald Trump\u2019s Presidency: Is Donald Trump Fulfilling Biblical, Islamic, Greco-Roman Catholic, Buddhist, and other America-Related Prophecies?<\/a>\u00a0 Is Donald Trump going to save the USA or are there going to be many disastrous unintended consequences of his statements and policies? What will happen. The link takes you to a book available at Amazon.com.
\n<\/span>Unintended Consequences and Donald Trump\u2019s Presidency: Is Donald Trump Fulfilling Biblical, Islamic, Greco-Roman Catholic, Buddhist, and other America-Related Prophecies?<\/a>\u00a0Kindle edition is available for only US$3.99. And you do not need an actual Kindle device to read it. Why? Amazon will allow you to download it to almost any device:\u00a0Please click HERE to download one of Amazon \u0019s\u00a0Free<\/strong>\u00a0Reader Apps<\/a>. After you go to for your free Kindle reader and then go to\u00a0Unintended Consequences and Donald Trump\u2019s Presidency: Is Donald Trump Fulfilling Biblical, Islamic, Greco-Roman Catholic, Buddhist, and other America-Related Prophecies?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

(Photo via UnSplash) COGwriter Donald Trump’s tariff statements and actions have had a variety of unintended consequences. Not only has the price of gold hit record amounts in US dollar terms, but Germany and Italy are considering relocating gold stored in the United States to their own nations: Gold: Germany (and Now Italy) Want $245 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-95658","post","type-post","status-publish","format-standard","hentry","category-prophecy"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/posts\/95658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/comments?post=95658"}],"version-history":[{"count":4,"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/posts\/95658\/revisions"}],"predecessor-version":[{"id":95663,"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/posts\/95658\/revisions\/95663"}],"wp:attachment":[{"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/media?parent=95658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/categories?post=95658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/tags?post=95658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}