1/17/13

In recent news Germany has decided to move about 700 tons of gold from Paris and New York to their own vaults.  The estimated worth of the gold is $36 billion.  This move was in an effort to bring back the gold that was kept out of the country during the cold war for safe keeping.  The goal for this project is that it will be accomplished over the next 8 years.  For obvious reasons they won’t say how the 50,000 gold bars will be traveling. 

I think that it would have been a much better idea to not make this public information.

What are your views?

The link is below.

http://finance.yahoo.com/news/germany-bring-home-gold-stored-us-france-205249881--finance.html

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Replies

  • I think they are just asking for trouble. Although not saying how the gold is being transported might slow a criminal down a bit.

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