1200 tons of gold is worth $50B; Germany currently owes the US $175B. [1] Could ... | Hacker News

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saalweachter on April 30, 2017 | parent | context | favorite | on: Why Deutsche Bundesbank had to promise to leave 12...

1200 tons of gold is worth $50B; Germany currently owes the US $175B. [1] Could it just be collateral?

[1] http://www.bbc.com/news/business-15748696

tonfa on April 30, 2017 [–]

And according to that site, the US owes Germany over $400B, so not sure what the point would be.

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