gold, page-23374

"One must conclude that the other assets held in NY (such as $86 billion in US Treasuries) will be sufficient for that purpose."

The fact that Germany can safely repatriate its gold reserves, and hold them where they can no longer effectively function as reserves, is further evidence for the demise of the roll of gold in international finance. Germany might as well follow other central banks and sell it off. At least they would get a better price...