GREY:OLEPF - Post by User
Post by
1sanman1on Jan 17, 2013 5:42pm
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Post# 20853616
Would be nice to go back to gold standard
Would be nice to go back to gold standard Germany to bring home gold stored in US, France
BERLIN (AP) — In what sounds like the setup for a stylish Hollywood heist movie, Germany is transferring nearly 700 tons of gold bars worth $36 billion from Paris and New York to its vaults in Frankfurt.
The move is part of an effort by Germany's central bank to bring much of its gold home after keeping big reserves outside the country for safekeeping during the Cold War.