What I am not clear on is what part of Germany's gold is pledged to the ECB? I know that a large part is "pledged" as Euro collateral, the question is does Germany even have enough gold in Frankfurt to cover this pledge.
You must be joking! The real purpose of this request is that the central banks no longer trust each other and particularly France? This is only stage one of the collapse of the European Economic system, its going to get a lot worse?
They need 7 years because the have to buy it or mine it.