‘Repatriate the gold’: German economists advise withdrawal from US vaults
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Shift in relations and unpredictability of Donald Trump make it ‘risky to store so much gold in the US’, say expertsGermany is facing calls to withdraw its billions of euros’ worth of gold from US vaults, spurred on by the shift in transatlantic relations and the unpredictability of Donald Trump.Germany holds the world’s second biggest national gold reserves after the US, of which approximately €164bn (£122bn) worth – 1,236 tonnes – is stored in New York. Continue reading...
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