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Keyword: mikemaharrey

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  • Should Germany Pull Its Gold Out of the U.S.?

    04/02/2025 9:52:40 AM PDT · by yesthatjallen · 29 replies
    moneymetals ^ | 04 01 2025 | Mike Maharrey
    Can the U.S. be trusted with German gold? That’s a question being asked by some German officials. Germany ranks second in gold reserves behind the U.S. It officially holds 3,352 tonnes of gold with about 1,236 tonnes (37 percent) held in Federal Reserve vaults in the U.S. Some are wondering whether holding over €100 billion in gold so far away is wise, given the geopolitical climate. European Taxpayers’ Association spokesperson Michael Jäger told The Bild that Germany should bring that gold home. “The Bundesbank and the federal government must show foresight in this phase of global political power shifts and...