A large portion of Germany’s massive gold reserves are stored abroad, mainly in the Federal Reserve in New York. But are the bars really where they are supposed to be? A dispute has broken out over whether the central bank needs to check on its gold. Can Germany trust its international partners? Gold has been natural money for thousands of years. It has been used throughout history either as physical coinage or as solid cornerstone for stable paper currencies. Up … Continue reading Checking the Vaults