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 Pan American Metals of Miami Asks, Will European Nations Sell Gold Reserves to Cover Debts?- Pan American Metals of Miami Asks, Will European Nations Sell Gold Reserves to Cover Debts?
- December 22, 2011
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Italy could easily cover its debt by selling just some of its gold reserves.
MIAMI, FL - Writing for The Wall Street Journal's Marketwatch, journalist Brett Arends wonders whether some beleaguered European nations may not have to consider selling their gold, or if they maybe already have started to do so. As there are less and less buyers to be found at bond auctions, selling the national store of gold could be the last resort that is needed to solve some countries' debt crises. Italy, for example, has the world's fourth largest gold reserves (after the US, Germany and t...
- View more at: http://www.1888pressrelease.com/pan-american-metals-of-miami-asks-will-european-nations-sel-pr-360731.html
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