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<p>[QUOTE=&quot;chrisild, post: 663995, member: 39&quot;]Uh, people over here know &quot;how come&quot; - provided they are interested in such stories. As I wrote, all this is not new. Only a small portion of Germany&#039;s gold reserves is actually stored in Germany. Now as an American you may say, I do not trust anybody outside the US, thus our gold has to be in our home turf.</p><p><br /></p><p>Well, others think differently about such things - that vault in NYC has gold from more than 50 different countries AFAIK. From the Bundesbank&#039;s point of view it makes sense to store the gold near the place where it was acquired. Also, in the years of the Cold War, New York was considered safer than Frankfurt. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /> </p><p><br /></p><p>Today gold reserves do not have the relevance any more that they had 30 years ago or so. How much sense would it make to transfer the &quot;German gold&quot; from New York City, London or Paris to some place in Germany? Think shipping and storage cost ...</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>

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