11 months ago the financial world was rocked by Bundesbank plans to repatriate 30 to 50 metric tons of gold stored in New York in 2013 under a plan to repatriate home half of its bullion reserves held abroad. The central bank transferred 32 tons of gold from Paris and 5 tons from New York last year, according to a Bundesbank spokesman. Meanwhile a German legislator and a member of the governing coalition in the German Parliament, Philip Missfelder, is calling for repatriation of all of the German Bundesbank’s gold vaulted abroad. |
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See ---> http://pennystockjournal.blogspot.ca/2013/02/bundesbank-repatriating-gold-reserves.html