Germany asked for its gold back and had it quietly explained to them that they wouldn’t be getting it,
and also what the consequences would be if they
pursued the issue any further.
They tucked tail and shut up.
I don't believe that is entirely correct. As I read it, yes, they aren't getting the amount requested and deliveries are spread out. But they are and have received gold.
My guess is that the US is having to "acquire" the gold so that it can repatriate it to the Germans. As long as some is coming across regularly I don't think the Germans want to make a scene about it for fear of instigating a run on it by other countries.
Did they now? Bundesbank successfully continues transfers of gold
Either than or they were told, we’ve got to all pretend we’re not actually sending you your gold, because it will be vulnerable until you have it all there.
Just saying...