The decision to leave the Bundesbank follows a meeting with German chancellor Angela Merkel.
Data from the European Central Bank and the Bundesbank were also used.
The Bundesbank is guarding against a breakup of the Eurozone to protect its own losses.
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Bundesbank, the central bank of Germany recently issued a statement opposing any gold sales.
After all, the Bundesbank and America's Federal Reserve have a steady dialogue with their governments.
By 2020, half of its gold bars will be in its vaults, the Bundesbank said.
Anyway, nothing stops the Bundesbank giving its views, even if it is not asked.
Such sterilised intervention has been employed repeatedly by Germany's Bundesbank, and the American Treasury.
Indeed, on several occasions the Bundesbank cut interest rates even though money growth was above target.
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But the signs are that they will, at the latest when the Bundesbank pronounces.
Other sections explain how post-war Germany was saved by the strict policies of the Bundesbank.
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The Bundesbank was born independent, in 1957, making it the trailblazer for modern central banks.
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It is worth noting that in Germany, gold is kept under the independent oversight of the Bundesbank.
It is difficult to overstate the importance that the Bundesbank and its officials attach to central-bank autonomy.
So many people in the Bundesbank view next year's selection business as a bit of a farce.
The Bundesbank has even let it be known that it might reconsider its support for the euro.
The German Bundesbank and other ECB members have so far resisted the idea of re-instating the bond-buying program.
At the same time, the market was responding to rumors that Deutsche Bundesbank President Jens Weidmann was resigning.
It made sense to think that Russia might be a better substitute to the Bundesbank and the E.
The Bundesbank is not so worried about whether there is a mini-overshoot of that 3% for this year.
The Bundesbank will no longer keep any of its reserves in Paris, as both countries use the euro.
Now Bundesbank council members have accused the government of indulging in more creative accounting than any other country.
Perhaps, but the Bundesbank and the Constitutional Court are two of the most respected bodies in the country.
Although the politicians said they wanted Greece to stay in, the Bundesbank seemed ready to boot it out.
He replaced Jens Weidmann, a long-serving adviser with an economics PhD who took over at the Bundesbank in May.
The German Bundesbank president also made hawkish comments on the EU bailout process.
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Hence, GIIPS central banks can effectively force the Bundesbank, et al. to lend to GIIPS banks, non-banks, and households.
And so it has proved - with the Bundesbank signalling its opposition to a banking union of this sort.
In practice, therefore, the Bundesbank does not actually pursue a pure monetary target.
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Yet, the head of the German Bundesbank suggests that its business as usual and key commentators are pulling their punches.
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