00:00GERMANY HAS THE SECOND LARGEST GOLD RESERVES IN THE WORLD AFTER THE U.S.
00:043,351 TONS TO BE EXACT.
00:08THAT'S THE WEIGHT OF 25 BOEING 747s.
00:12AND ONE THIRD OF THAT GOLD IS IN THE U.S.
00:15IT'S WORTH NEARLY 100 BILLION EUROES.
00:18BUT HOW DID THIS HAPPEN?
00:20AFTER WWII, GERMANY'S ECONOMY BOOMED THROUGH EXPORTS, ESPECIALLY TO THE U.S.
00:26GERMANY WAS SENDING OVER LOTS OF CARS, MACHINERY, AND OTHER GOODS, CREATING TRADE SURPLUSES.
00:32INSTEAD OF PHYSICALLY MOVING GOLD ACROSS THE ATLANTIC FOR EVERY TRANSACTION, THE U.S. HELD IT IN NEW YORK ON GERMANY'S BEHALF.
00:40BUT IS IT STILL SAFE THERE NOW?
00:43THAT'S THE 100 BILLION EUROES QUESTION, ESPECIALLY WITH RISING POLITICAL TENSIONS AND UNPREDICTABLE LEADERSHIP.
00:50IN FACT, TRUMP'S UNPREDICTABILITY HAS LED THE EUROPEAN TAXPAYERS ASSOCIATION TO CALL FOR THE GOLD TO BE RETURNED TO GERMANY'S VAULTS.
01:00IS THAT POSSIBLE?
01:01YES, BETWEEN 2013 AND 2016, GERMANY MOVED 300 TONS OF GOLD FROM NEW YORK TO FRANKFURT.
01:09AFTER ALL, GOLD ISN'T JUST A SHINY METAL, IT IS LEVERAGE.
01:13AND FOR NOW, BILLIONS OF EUROES WORTH OF GERMAN GOLD REMAINS OVERSEAS.
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