So Germany is repatriating much of its gold from France and the US. Signs that things are very bad, or simply a reaction to political pressure?
I don't think it's that surprising a move. Many are expecting a gold backed IMF currency supported by Russia and China to come along soon. But one would imagine this move won't help the dollar.
What does AAM think?
I don't think it's that surprising a move. Many are expecting a gold backed IMF currency supported by Russia and China to come along soon. But one would imagine this move won't help the dollar.
What does AAM think?