Germany is repatriating its gold reserves from the New York
Federal Reserve. This decision has created a frenzy in the gold market.
But that is just the tip of the iceberg.According to the NY Fed, there are (2012) approximately 530,000 gold bars, with a combined weight of circa 6,700 metric tonnes stashed away in the Fed’s Lower Manhattan vaults.
These are official figures which are impossible to verify. - Read more.