Commodity Trade Mantra

Posts Tagged ‘Banque de France’

Here Comes France: Demands Central Bank Repatriate French Gold

First Germany, then the Netherlands, perhaps Switzerland this weekend, and now the French right-wing Front National leader Marine Le Pen has sent a letter to the governor of the French Central Bank, the Banque de France, demanding that France join the list of nations which have repatriated, or at least tried to, their gold.

Bundesbank Changes Gold Repatriation Schedule

Bundesbank had made an earlier repatriation request in 2012, to ship home 150 tons from US in 3 years (ending 2015). Bundesbank has now withdrawn the original schedule to repatriate 150 tons of gold before 2015, but continues plan B, to repatriate 674 tons from NY & Paris by end-2020.

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