Last week the Bundesbank (the German central bank) surprised markets around the world by announcing that it will repatriate a sizable portion of its gold bullion reserves held in France and the United States. To many, the news from the world's second largest holder of gold signaled a growing, if clandestine, mistrust among central banks, possibly fueled by diverging policy goals. The Germans have attempted to tamp down the alarm by highlighting the myriad of logistical, practical and historical reasons that qualified the announcement as unremarkable. But the size, scope, and timing of the move makes it hard not to draw...
oopps: the above should read "...or leased to someone else & CAN'T be accessed now..."
- Fox poll shows majority of likely voters support ground troops against ISIS Ed Morrissey 44 mins ago
- Gray Lady reporter very confused as to why Republicans don’t want the President to be attacked Jazz Shaw 1 hour ago
- Quotes of the day Allahpundit 10 hours ago
- Small California winery to close doors after being fined for using volunteers Mary Katharine Ham 11 hours ago
- NC SEN: Is the race ‘tight as a tick?’ Matt Vespa 12 hours ago
- Three words. Tetris. The movie. Jazz Shaw 12 hours ago