Max Keiser says that this could cause mass panic and gold eventually reaching $10,000 per ounce.
http://www.youtube.com/watch?feature=pl ... aNs_waEpD0
Biggest Event in Gold since 1971?
Moderator: Global Moderator
Re: Biggest Event in Gold since 1971?
Maybe the Germans got an advance copy of CraigR and MediumTex' book, and now believe it's a good idea to pay better attention to the issue of proper geographic diversification. 

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Re: Biggest Event in Gold since 1971?
i heard they still will keep 50% of their gold reserves split between US and London, still..... something fishy is about to happen. Dutch and several other countries also want their gold returned to them.
Re: Biggest Event in Gold since 1971?
If true, anyone care to speculate?China Bull wrote: . something fishy is about to happen. Dutch and several other countries also want their gold returned to them.
It was good being the party of Robin Hood. Until they morphed into the Sheriff of Nottingham
Re: Biggest Event in Gold since 1971?
Speculation: Germany is switching to a competing currency system.
“Let every man divide his money into three parts, and invest a third in land, a third in business and a third let him keep by him in reserve.� ~Talmud
Re: Biggest Event in Gold since 1971?
They didn't need the euro and got tired of ras'lin with a bunch of little countries over it.
Re: Biggest Event in Gold since 1971?
got it. thanks.
It was good being the party of Robin Hood. Until they morphed into the Sheriff of Nottingham
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Re: Biggest Event in Gold since 1971?
Might be wise to take a cue from these major countries and ensure that you take delivery of your Gold as well...