Wednesday, December 19, 2012

Countries Repatriating Gold

"There is (also) lots of discussion about repatriating gold, and that goes to Germany, Austria, now the Netherlands. I think the more instructive example was when they (Austrian politicians) asked the Austrian Finance Minister, 'What percent of our gold is held in Austria?' I think the number was something like 13% or 17%, and the rest was in New York and London."

- Eric Sprott, via a recent King World News interview: