Where Would A Country Like Germany Stock Up Its Gold

Where would a country like Germany stock up its gold? The answer would be obvious right? Of course within the geographic domains of the country! In all likelihood, the gold would be lying safely in a heavily guarded vault, somewhere in Frankfurt. This, however, is far from reality! You would be surprised to learn that the gold reserves of Germany, which is the second largest in the world, are held by Paris, New York and London. It is only now that a campaign for bringing all the reserves back to the country has been mobilized and is gathering steam with every passing day. A phenomenon such … [Read more...]