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Bundesbank's gold repatriation is 'world historical,' Rickards says
Published : January 25th, 2013
91 words - Reading time : less than a minute
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Keywords :   Bundesbank | China | Germany | Gold | Gold Reserves | Russia |

Having relocated from Russia Today to Yahoo Finance's "Daily Ticker" program, Lauren Lyster today interviewed fund manager and "Currency Wars" author James G. Rickards about the Bundesbank's attempt to repatriate some of Germany's gold, a move Rickards considers "world historical" in importance, confirming that gold is "the real base money, high-powered money." Rickards also expects that China this year or next will announce a tripling or quadrupling of its gold reserves after acquiring the metal surreptitiously. The interview is five minutes long and can be viewed at Yahoo Finance here:

http://finance.yahoo.com/blogs/daily-ticker/c...patriate-gol...

Data and Statistics for these countries : China | Germany | Russia | All
Gold and Silver Prices for these countries : China | Germany | Russia | All
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Chris Powell

Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.
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