It has been an interesting few weeks with U.S. banks collapsing and the Fed stepping in to rescue what would have likely been a contagion run on the banks to the tune of around $400 billion. The
Germany Increases Gold Reserves for the First Time Since 1998!
The latest IMF data shows that Germany increased its gold reserves during the month of September. While the increase of 90k ounces of gold ($135 million worth) is not significant to their 108 million