Marie-Agnes Strack-Zimmermann (Free Democratic Party of Germany), the chairperson of the Committee on Security and Defense Affairs of the European Parliament, called for the return of Germany's gold reserve, which is kept in the USA. He considered the unpredictability of the policy of the US President Donald Trump's administration to be the justification for this move.
"With increasing geopolitical uncertainty and the unpredictability of US President Trump's policies, there is no longer any justification for keeping 37% of Germany's gold reserves, more than 1,230 tons, in the vaults of the Federal Reserve System in New York," Strack-Zimmermann told Spiegel magazine.
According to him, this approach was justified during the Cold War, but today the geopolitical situation has fundamentally changed.
"Only trust in a comprehensive partner (the USA) cannot replace the sovereignty of the economy and security policy," added the member of the European Parliament.
