ZeroHedge – Italy May Have Over 1,000 Tonnes Of Gold At The New York Fed – 3 May 2014

ZeroHedge(Lucas : really?! What gold! Show it!)

Submitted by Gold Core, Written by Ronan Manly

Italy May Have Over 1,000 Tonnes Of Gold At The New York Fed

Italy’s central bank, the Banca d’Italia, has recently published an important document detailing the storage locations and composition of the country’s gold reserves. The document confirms that Italy’s gold is held across four vault locations, three of which are outside Italy.

This is a significant announcement given that the Banca d’Italia is the world’s third largest official holder of gold after the U.S. and Germany. Italy officially holds 2,451.8 tonnes of gold, worth more than €72 billion (US$ 100 billion) at current market prices [1].

Read the full story at: www.zerohedge.com / link to original article

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