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Bullboard - Stock Discussion Forum Oromin Explorations Ltd OLEPF

GREY:OLEPF - Post Discussion

Oromin Explorations Ltd > Would be nice to go back to gold standard
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Post by 1sanman1 on Jan 17, 2013 5:42pm

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.

Comment by comet52 on Jan 17, 2013 8:18pm
It would only be nice if you like mass unemployment, a deflationary depression and riots in the streets.  
Comment by bluestar on Jan 17, 2013 8:52pm
aren't we getting used to all that.
Comment by comet52 on Jan 18, 2013 10:15am
Maybe in southern Europe where the euro is a de facto gold standard.  
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