"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Germany’s Largest Bank Refuses “Deliveries of Physical Gold” After Customer Request
Submitted by Melinda L. Secor on Mon, 2016-09-05 01:00
"Every share in gold is supposed to represent a certain amount of physical gold in storage, and be available on demand.
But that’s not what happened when a customer asked for their gold at Deutsche Bank, the largest German bank participating in the gold exchange; instead, the bank officially refused physical delivery of gold after a request, stating a vague change in 'business policy.'"
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