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Central bankers Bankers devalue currency - Gold

-- expats
Forum Post
11/07/11 23:59
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Central bankers Bankers devalue currency - Gold

Thank author of this post/commentCentral bankers are the ultimate gold bugs Various reports coming out of last week's G20 meeting in Cannes are suggesting that some member countries had proposed Germany use its gold reserves as collateral for a Eurozone bailout fund. This brought a series of quick and unequivocal responses: "German gold reserves must remain untouchable" said the German Economy Minister Philipp Rosler . "Germany's gold and foreign exchange reserves, administered by the Bundesbank, were not at any point up for.

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