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Old 11-22-2013, 09:05 AM   #1
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Germany sells gold "for coin minting"

Quote :
Germany, the world's second-biggest holder of gold reserves, cut its bullion holdings in October for the second time in five months, data from the International Monetary Fund showed on Friday.

The Bundesbank said it had sold 3.421 tonnes of gold for coin minting. It now holds 3,387.247 tonnes of gold, according to the IMF website.

Is physical supply getting so tight that Mints are seeking supply from government vaults? Is this where the gold that Germany famously asked to repatriate is going?
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