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When Politicians and Central Banks clash – the Gold of Romania and Italy

From bullionstar.com

Central bank gold holdings are rarely out of the news these days, from continued gold accumulation by Russia and China, to secretive gold sales by the central bank of Venezuela. But beyond these buy and sell transactions, central bank gold reserves are making headlines in other ways, as governments and central banks clash over ownership and control of their national gold holdings. Two prime examples in this space right now are the gold repatriation legislation making its way through the Romanian parliament, and the moves by Italian politicians to clarify who actually owns the Italian gold reserves, the central bank ... (full story)

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  • Category: Fundamental Analysis