What happens if (when) it is discovered the US does not have the gold? Loss of confidence in the USD.
But before the hoax is publicly exposed the US will put pressure on Germany to "audit" its gold but not repatriate. Germany, with multiple US bases on its soil and reliance on US markets will be hard pressed not to back down.
This is one to watch and you will not see much reported.
"One resists the invasion of armies; one does not resist the invasion of ideas" Victor Hugo
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