/biz/ - Business & Finance

>>53215323
The Fed isn't a bank but that's a different disscusion...

The ones stacking the most gold have actually been the individual state banks of European nations. They're also seemingly spreading the bullion around to other Euro banks with lower reserves, proportional to their economic footprint. Presumably this is because Europe has been itching to get out from under the USD since 1945, and no one on earth would be stupid enough to trust the buying power of the Yuan.