Amidst European crisis, Germany wants to seek solace in its gold reserve, which is in the Federal Reserve Bank of New York. German ministers have been asking to bring back the country's gold and others have asked to take stocks of the reserve.

On the other hand, bankers have different approach on the matter. They were of the view that the country's gold is safe and intact at the place, where it should have been. In fact, Bundesbank President Jens Weidmann has asked that he would personally like to meet Peter Gauweiler and satisfy him that the gold it's at its right place.

To talk about the gold that is with Germany then there are as many as 6,000 gold bars in the safe shelves of Frankfurt. Not only this, additional 76,000 bars of bullion have been sealed in the boxes. Though Jens has tried its best to convince Peter, it seems that the latter is not fully convinced.

It is being said so, as Peter affirmed that the national banks do not take care of reserves that are present in abroad. In return, Jens Weidmann was of the view, "The Bundesbank monitors its domestic gold in an exemplary fashion".