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Tuesday, 3 April 2012

Germany should repatriate gold from USA, and buy more gold - Peter Schiff

Peter Shiff argues that if he were head of the German Central Bank (Deutsche Bundesbank) he would have all of Germany's gold, 66% of which is currently held in the USA, repatriated to Germany, and, that he would have Germany exchange their US dollar reserves for gold bought on the free market.

See the final discussion towards the end of this transcript of his interview with Lars Schall.

I acknowledge Gold Switzerland.

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