MarketSlant editor Vince Lanci, founder of fund management company Echobay Partners, today tells Kitco News' Daniel Cambone that he is not impressed that Germany's Bundesbank repatriated some of its gold from other central banks ahead of schedule.
The schedule was far too long to begin with, Lanci said, and he notes that the Bundesbank has left far more gold with the U.S. Federal Reserve than with other central banks, raising suspicion that the Fed has not been able to repay the Bundesbank all the gold that was owed.
Lanci's interview is seven minutes long and can be viewed at Kitco here:
http://www.kitco.com/news/video/show/Kitco-Ne...-23/Why-Germ...
