{"id":687532,"date":"2026-01-25T05:22:12","date_gmt":"2026-01-25T05:22:12","guid":{"rendered":"https:\/\/www.europesays.com\/fr\/687532\/"},"modified":"2026-01-25T05:22:12","modified_gmt":"2026-01-25T05:22:12","slug":"en-allemagne-des-economistes-appellent-a-rapatrier-lor-place-dans-les-coffres-americains","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/fr\/687532\/","title":{"rendered":"En Allemagne, des \u00e9conomistes appellent \u00e0 rapatrier l\u2019or plac\u00e9 dans les coffres am\u00e9ricains"},"content":{"rendered":"\n<p>\u201cL\u2019or allemand est-il toujours en s\u00e9curit\u00e9 aux \u00c9tats-Unis\u00a0? \u201d, <a target=\"_blank\" href=\"https:\/\/www.tagesschau.de\/wirtschaft\/weltwirtschaft\/deutsche-goldreserven-usa-sicherheit-100.html\" rel=\"noopener\">s\u2019interroge <strong>Die Tagesschau<\/strong><\/a><strong>.<\/strong><\/p>\n<p>Face \u00e0 \u201cl\u2019impr\u00e9visibilit\u00e9 de Donald Trump\u201d et \u00e0 la d\u00e9gradation des relations transatlantiques, plusieurs \u00e9conomistes ont multipli\u00e9 ces derni\u00e8res semaines les appels \u00e0 rapatrier l\u2019or allemand qui se trouve dans les coffres aux \u00c9tats-Unis, <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/2026\/jan\/24\/repatriate-the-gold-german-economists-advise-withdrawal-from-us-vaults\" rel=\"noopener\">rapporte le <strong>Guardian<\/strong><\/a>.<\/p>\n<p>Le quotidien britannique rappelle que \u201cl\u2019Allemagne poss\u00e8de les deuxi\u00e8mes plus grandes r\u00e9serves d\u2019or nationales au monde apr\u00e8s les \u00c9tats-Unis, dont environ 164\u00a0milliards d\u2019euros sont stock\u00e9s \u00e0 New York\u201d.<\/p>\n<p>Pour l\u2019\u00e9conomiste Emanuel M\u00f6nch, ancien directeur de la recherche \u00e0 la Bundesbank, la banque centrale allemande, conserver des lingots outre-atlantique est \u201crisqu\u00e9\u201d sous l\u2019administration actuelle. \u201cDans l\u2019int\u00e9r\u00eat d\u2019une plus grande ind\u00e9pendance strat\u00e9gique vis-\u00e0-vis des \u00c9tats-Unis, la Bundesbank ferait bien de consid\u00e9rer le rapatriement de l\u2019or\u201d, <a target=\"_blank\" href=\"https:\/\/www.handelsblatt.com\/finanzen\/maerkte\/devisen-rohstoffe\/goldreserven-druckmittel-fuer-trump-bundesbank-geraet-in-zwickmuehle\/100192973.html\" rel=\"noopener\">a-t-il affirm\u00e9 au journal financier <strong>Handelsblatt<\/strong><\/a>.<\/p>\n<p>Die Tagesschau rappelle que \u201cl\u2019or a longtemps \u00e9t\u00e9 consid\u00e9r\u00e9 comme une valeur refuge\u201d. Les banques centrales sont \u201cg\u00e9n\u00e9ralement ind\u00e9pendantes et jouissent d\u2019une grande confiance mutuelle. Mais le pr\u00e9sident am\u00e9ricain Donald Trump tente de changer la donne. Ces derniers mois, il a multipli\u00e9 les attaques visant \u00e0 saper l\u2019ind\u00e9pendance de la R\u00e9serve f\u00e9d\u00e9rale\u201d.<\/p>\n<p>\u201cPlus les banques centrales subissent des pressions politiques \u2013 et nous le constatons actuellement aux \u00c9tats-Unis \u2013 plus il devient difficile de maintenir la confiance\u201d, a d\u00e9clar\u00e9 l\u2019expert en or Wolfgang Wrzesniok-Ro\u00dfbach, au site d\u2019information. \u201cLes r\u00e9serves d\u2019or sont actuellement en s\u00e9curit\u00e9 aux \u00c9tats-Unis. Mais il se pourrait que demain le gouvernement am\u00e9ricain d\u00e9clare soudainement\u00a0: \u2019nous conservons les r\u00e9serves d\u2019or en gage\u2019\u201d, explique Wrzesniok-Ro\u00dfbach.<\/p>\n<p>\u201cSous l\u2019administration Trump, les \u00c9tats-Unis ne sont plus un partenaire fiable\u201d, conclut Ulrike Neyer, professeure d\u2019\u00e9conomie \u00e0 l\u2019universit\u00e9 de D\u00fcsseldorf, <a target=\"_blank\" href=\"https:\/\/rp-online.de\/wirtschaft\/finanzen\/gold-muss-die-bundesbank-gold-aus-den-usa-holen-iw-chef-huether-und-oekonomen_aid-142674567\" rel=\"noopener\">interrog\u00e9e par le <strong>Rheinische Post<\/strong><\/a>.<\/p>\n<p>Selon Die Tagesschau, la Bundesbank s\u2019oppose toutefois pour le moment \u201c\u00e0 tout projet de rapatriement de l\u2019or\u201d. Elle a d\u00e9clar\u00e9 que \u201cle transfert des r\u00e9serves d\u2019or allemandes des \u00c9tats-Unis n\u2019\u00e9tait pas \u00e0 l\u2019\u00e9tude\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"\u201cL\u2019or allemand est-il toujours en s\u00e9curit\u00e9 aux \u00c9tats-Unis\u00a0? \u201d, s\u2019interroge Die Tagesschau. Face \u00e0 \u201cl\u2019impr\u00e9visibilit\u00e9 de Donald Trump\u201d&hellip;\n","protected":false},"author":2,"featured_media":687533,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1587],"tags":[11,672,1804,1805,1803,75,1777,674,590,1801,12,1802,4409,2542],"class_list":{"0":"post-687532","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-allemagne","8":"tag-actualites","9":"tag-allemagne","10":"tag-bundesrepublik-deutschland","11":"tag-de","12":"tag-deutschland","13":"tag-donald-trump","14":"tag-eu","15":"tag-europe","16":"tag-finance","17":"tag-germany","18":"tag-news","19":"tag-republique-federale-dallemagne","20":"tag-ru00e9veil","21":"tag-u00e9conomie"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@fr\/115954066662565604","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/fr\/wp-json\/wp\/v2\/posts\/687532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/fr\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/fr\/wp-json\/wp\/v2\/comments?post=687532"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/fr\/wp-json\/wp\/v2\/posts\/687532\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/fr\/wp-json\/wp\/v2\/media\/687533"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/fr\/wp-json\/wp\/v2\/media?parent=687532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/fr\/wp-json\/wp\/v2\/categories?post=687532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/fr\/wp-json\/wp\/v2\/tags?post=687532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}