Bundesbank president attacks Angela Merkel's policies; Promises Faster Gold Repatriation

``Mr Weidmann also said that the Bundesbank would step up efforts to repatriate half its gold reserves that it has built up through its trade surpluses at overseas central banks to Frankfurt, with the rest remaining in New York and London. In a nod to the public support for the move, the Bundesbank president quoted Goethe's Faust: "The lure of gold has power over all."'' -- There is probably nothing to this, since, as we showed before, Germany's repatriation plans seem to be an exponentially-increasing series of phantom promises.