Tag Archive: European Nations Repatriate Gold Reserves From United States Vaults

on November 28, 2014 in World News

European Nations Repatriate Gold Reserves From United States Vaults

European Nations Repatriate Gold Reserves From United States Vaults Netherlands has already moved 122 tons of gold holdings back home, while Switzerland and France are considering the same move. Germany abandoned the plan to repatriate its gold despite pressure from Eurosceptics. MOSCOW, November 28 (Sputnik), Ekaterina Blinova — Growing concerns over economic stagnation and unprecedented money printing have pushed European nations into repatriating their gold and as well as increasing their gold bullion national reserves. “The 2008 financial crisis and its aftermath have revived interest in a monetary policy instrument of a bygone era: gold. This trend is especially pronounced… View Article

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