Berlin Was Right to Resist 'Grab for German Gold'

With Italy looking increasingly financially wobbly, European leaders know that more firepower is needed to safeguard the euro. The big question is: Where should it come from?

German Economy Minister Philipp Rösler on Monday insisted that Germany's gold reserves at the central bank were off limits. He declared German gold reserves "untouchable," adding his voice to German opposition to the idea of using reserves to boost euro zone rescue funds.   Read Here