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Germany's gold at NY Fed may be impaired, Centennial's analysts agree

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Published : January 30th, 2013
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Category : Central Banks

Repatriation of Germany's gold from the Federal Reserve Bank of New York may be so limited and slow because the gold is tied up by leases that will require years of unwinding, three market analysts at Centennial Precious Metals in Denver agree in a panel discussion broadcast today. The analysts -- Peter Grant, Jonathan Kosares, and George Cooper -- also discuss the U.S. Mint's erratic production of silver eagle coins. The discussion is a half hour long and can be viewed at Centennial's Internet site, USAGold.com, here:

http://www.usagold.com/video/20130128.html

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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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