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<p>[QUOTE=&quot;doug444, post: 1488050, member: 38849&quot;]Both Germany and Switzerland have requested that THEIR gold, held by the Federal Reserve Bank of New York, be returned (March 2012) --</p><p><br /></p><p><br /></p><p>Blog posted on <a href="http://lonestarbullion.com/blog/2012/03/germany-and-switzerland-demand-the-return-of-their-gold/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://lonestarbullion.com/blog/2012/03/germany-and-switzerland-demand-the-return-of-their-gold/" rel="nofollow">March 9, 2012</a> by <a href="http://lonestarbullion.com/blog/author/joshrenfro/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://lonestarbullion.com/blog/author/joshrenfro/" rel="nofollow">Josh Renfro</a></p><p><br /></p><p>&nbsp;&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; <p style="text-align: center"></p> <p style="text-align: center"><br /></p><p>This week saw two huge developments in the gold and silver world.&nbsp;&nbsp; Earlier in the week Germany request that its 3,396.3 tons of gold be&nbsp; transferred from being held abroad to local storage.&nbsp; Germany right now&nbsp; is one of the top 4 holders of gold as a reserve in the world.</p><p>&nbsp;Merely days later Switzerland also announced that they were seriously&nbsp; considering moving their 2,590 tons of gold that are currently being&nbsp; held abroad back to Switzerland.&nbsp; In fact, the Swiss parliament will be&nbsp; considering three different initiatives.&nbsp; First, the government would&nbsp; require that all Swiss gold must be held in Switzerland.&nbsp; Second, the&nbsp; government would be prohibited from selling any of the Swiss gold&nbsp; reserves.&nbsp; Third, the government would be required to always keep 20% of&nbsp; all the country’s reserves in gold.&nbsp; Switzerland currently is the&nbsp; worlds fourth larger holder of gold reserves.[/QUOTE]</p><p><br /></p>

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