The German Central Bank Pulls Back Gold Reserves from the US and France
The German Central Bank, Bundesbank , has announced its decision to repatriate its gold reserves held in foreign countries to gain better control and position itself to fight any future currency crisis. Towards this end, the bank is pulling out…
Central Banks Snap Up Gold
During February and March of 2012 when Gold prices fell, which caused individuals to sit on the sidelines and watch the action, foreign central banks were doing quite the opposite. The Financial Times reported they were buying up as much…
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