Lots of chatter this morning about Germany’s decision to repatriate its Gold entirely from France and some from the U.S. Ambrose Evans-Pritchard concludes in a piece written yesterday, “…we have a feeling gold is about to get a whole lot more important. Again. Historically, gold has proved itself a reliable insurance against the corruptibility of men in positions of power…positions of power that routinely attract and promote corruptible men. Has anything really changed?
(Bundasbank) Buba is grabbing her gold. Perhaps we should too.”