Switzerland stashes a fifth of its gold reserves in Britain. Thomas Jordan, the president of the Swiss National Bank, has revealed that 70 per cent of the country’s gold was stored in Switzerland, 20 per cent with the Bank of England and 10 per cent with the Bank of Canada. Since the Second World War and the Cold War, several central banks in Europe have kept part of their gold reserves in foreign countries in case of invasion. But turbulence in financial markets in recent years has raised concern among Europeans, who see gold as a reliable store of value that a country can depend upon. Mr Jordan said he disclosed ... (full story)