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Saturday, February 1, 2014

Western Gold bars have disappeared. Why Germany wants its gold back

After spending more than 50 years in foreign hands, Germany's gold is finally going home.
In a recent watershed decision the Bundesbank, Germany's central bank, has decided at least half of its gold should be held in its own vaults.
Since the Bundesbank is the second-largest gold holder in the world, that's going to mean moving 54,000 bars of the shiny metal.
Gold
So why does Germany want its gold back, and why now?

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