Submitted by Tyler Durden: For those who think any documented
presentation of the physical gold held by the world's oldest central
bank usually takes place on a movie set in Burbank, CA here is a video
featuring University of Nottingham's chemistry professor Professor Martyn Poliakoff
(of all people) from within the bowels of the world's second largest
gold repository supposedly disproving this (whose comment "one's first
reaction is that it can't possibly be real" may be far more accurate
than he can possibly imagine). Why the BOE would change its long held
tradition of keeping its gold miles away from the public's eye (very
much the same way Bob Pisani's dramatic descent into the GLD vault was
a straight-to-DVD B-grade thriller) is anyone's guess, especially now
that Goldman is about to take the helm of this most venerable of
money-printing institutions. But we are delighted they have: we are
confident with this precedent set, that the New York Fed will promptly
grant some US chemistry professor the right to inspect and "document"
the hundreds of tons of flood-resistant gold it too holds safely 80 feet
underground, it not a member of the German parliament of course.
Finally, if anyone can see Bundesbank's gold bars, please raise your
hand. Source
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