By Chris Powell
Germany’s central bank, the Bundesbank, today confirmed that much of its gold is held outside the country at “trading centers” where the bank conducts “its gold activities.”
The Bundesbank’s statement, unsigned and issued by the bank’s press office, came as an e-mailed reply to GATA consultant Rob Kirby of Kirby Analytics in Toronto, who sought the Bundesbank’s comment on international journalist Max Keiser’s recent assertion that the Bundesbank had told him that most of Germany’s gold is in the custody of the United States in New York:
Continue reading Bundesbank Confirms Germany’s Gold is in Play