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Bundesbank releases short film about Germany's gold reserves


 -- Published: Friday, 6 March 2015 | Print  | Disqus 

The Bundesbank has released a short film about Germany's gold reserves. The film, which is around eight minutes in length, answers the most frequently asked questions about gold and gives an overview of the main facts, covering topics such as the origin of Germany's gold reserves, how the gold is stored and the functions of gold today as a reserve asset. The film also shows pictures from inside the vaults where the gold is stored and pictures of the gold being transferred.

"In this film, we aim to inform the general public in a simple and entertaining manner about the topic of gold. We explain in plain language how we are fulfilling our task to manage the gold reserves. In doing so, we are making a further contribution to transparency," Bundesbank President Jens Weidmann said. Executive Board member Carl-Ludwig Thiele summed up the film's core message as follows: "The gold belongs to the German public and we have the responsibility to deal with it sensibly, and that is the mandate we are fulfilling."


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 -- Published: Friday, 6 March 2015 | E-Mail  | Print  | Source: GoldSeek.com

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