France just did that and even made some gains. Was in HN today as well.
Germany has lost it, no farsightedness or longer plan. So frustrating how the German gov is failing on these longer term issues and are ground up in day-to-day noise. Flood the zone with shit comes to mind.
That was purely an accounting gain (because of selling that gold and buying it back). After realising this PnL the gold is now held at a much higher cost basis.
