Published: 12 Dec 12 12:23 CET | Print version
Online: http://www.thelocal.de/national/20121212-46729.html
Like Scrooge McDuck or the dragon Smaug in J. R. R. Tolkien's The Hobbit, Germans are gathering vast quantities of gold - a study showed that the average German owns close to €6,000 worth of the shiny metal.
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Your comments about this article:
I wonder where they learned about hoarding gold? Six thousand euros worth for the average German is substancial.
¦quot;The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.¦quot;
The Rich people are hoarding, hiding and protecting their money from the Proletariat's Government. It is time for the Proletariat to reclaim this Gold! This is why Gold is illegal in all Communist countries. Come, comrades, it is time!
There you are king old chap.
So, "on average every German owns €5750 of gold"? I think not.
Native Germans I know are experiencing hardships at the moment and for you guys to splash such a headline "mountains of gold" is an insult to these souls. Average German - how did this study arrive at this average thing? Utter BULLS..T !
Banks neglect this who are increasingly hoarding gold today. It is not an investment until it is sold at a higher value than it was bought. Historically, excluding today's bubble like many in the past, it is no investment at all, and usually worth what it was back in the 1800's relative to that currency for example.
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