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The idea is that they have a vested interest in keeping the price of gold as low as possible, thus taking away one of the barometers of financial mayhem. The theory goes that they have been secretly selling the reserve for at least 30 years and thus suppressing the price as much as possible. This may or may not include selling the reserves of other nations that the Fed holds in trust, like Germany, hence the long repatriation charade.
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