
Where is Germany's gold? Last January, Germany announced that it wants 700 tons of its gold back from the US and France, because the Bundesbank, the central bank of the Federal Republic of Germany or Germany's equivalent of our Federal Reserve, (the biggest difference being that the Bundesbank can print Deutschemarks and the Federal Reserve can print dollars and Germany does not presently use Deutschemarks), plans to store half of Germany's gold reserves in Germany's vaults by 2020. This is 100 deutschemarks. If you are like me, and you probably are, except you are a bit smarter, and handsomer, and more personable, and more sophisticated, ok, not at all like me, you are probably wondering why Germany's gold is in…[READ MORE]