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Germany is taking its gold back faster than expected

Business Insider - 28 Dec 2016 04:03
Germany is taking its gold back faster than expected REUTERS/Thomas Peter “In 2016, we brought back again substantially more gold to Germany than initially planned; by now, nearly half of the gold reserves are in Germany,” Bundesbank President Jens Weidmann told the German tabloid Bild in what has become an annual Christmas interview about gold – to soothe the nerves of his compatriots. Because they’d been frazzled, apparently, by this whole saga. The German Bundesbank, which is in charge of managing Germany’s gold hoard of 3,381 tons, t...
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