German politicians question safety of gold reserves stored in the U.S.

The Taxpayers' Association sees the Fed's independence under threat from US President Trump. Therefore, German gold—about a third of which is held by the Fed—should be brought to Germany quickly. The Bundesbank takes a different view.

The Romans have invested massively in gold in the first quarter, with 65% more than last year, despite the high price fluctuations caused by Trump's statements.

German politicians question safety of gold reserves stored in the U.S.

Germany's financial history shows that concerns about its gold reserves have not been easily dismissed Germany holds the second-largest gold reserves in the world, with 37 percent of those reserves, worth 113 billion euros, stored in the vaults of the New York Federal Reserve. The European country, long known for its developed economy and financial stability, could count on the 1,236 tons of gold stored there to be easily exchanged for U.S. doll…