Dutch central bank moves 86 tonnes of gold to London
The Netherlands’ Dutch Central Bank moved billions of dollars of its gold reserves out of the US and Canada, transferring them to the UK to ensure it is “better prepared for severe crises.” The entire globe is strengthening their own resilience because of the US, that’s alarming
Based on the timing I really think they saw Trump steal the oil and decided that they weren’t going to risk their gold being seized by him too. Smart move no matter the reason.
Many countries are decoupling from the U.S. in innumerable ways due to this administration's stupidity. It is eroding decades of goodwill and soft power. That's alarming for America, and something it may never fully recover from, and much of the world sees that as a good thing.
Increasingly, the US is seen as an out-of-control rogue state run by lunatics.
Gold just replaced the US Dollar and T Bills as top reserve currency. Then Netherlands removes 86 tons to London. No one trusts us anymore. And they don't trust our economy.
Everyone is buying insurance against needing America.
Better take a closer look at what Peter Thiel, of Project 2025 fame, is advocating now that he has moved to Argentina. That should put fear in many folks!
www.nbcnews.com/business/eco... 😣The Dutch central bank announced Wednesday that it has moved billions of dollars worth of its gold reserves out of North America in a move it described as “crisis preparedness” in a time of global political unrest.
oh boy that can’t be a good sign
Ummmm....yeah, I would not trust this facist regime either. Good and smart move by the Dutch.
We no longer live in a reliable country. The regime will steal anything it can from us or others. The Dutch were wise to move their assets.
Yeah I'd get that shit out of the country before Trump steals it too
A move that'll start a trend.
And it’s not coming back.
“The Dutch central bank (DNB) has confirmed that billions of dollars in gold has been taken out of north America and relocated to London, citing ‘increasing geopolitical unrest’” www.bbc.com/news/article...
Because Elon Musk is keeping Britain nice and calm for everybody?
From the frying pan into the fire
Signs of the times. European governments would be wise to follow. The US is not a trustworthy country anymore.
Is this...bad? It sounds bad. I'm sure it's fine.
Definitely no sign of anything
We are in the midst of getting sacked.
Today in « everything is fine, nothing to see here »:
Trump wird es sich krallen im kommenden Bürgerkrieg
Haha, Heel Normaal dat we dit ook naar TERF eiland transporteren.
Wenn Zentralbanken realistisch werden. 86 Tonnen Gold, aus New York herausgeschafft und in London abgestellt, weil Amsterdam entschieden hat, dass der sicherste Ort für seine nationalen Reserven nicht mehr Amerika ist - ein Misstrauensvotum.
The Netherlands' central bank has moved billions of dollars worth of gold, about 86 tons, from New York and Ottawa to London, CNN reports . The bank said the transfer was meant to "prepare for crises" amid global political instability.
For those who missed it, here’s the UK Resilience Campaign:
Meanwhile in other news: The entire UK has gone out on the piss courtesy of the Dutch... Proost! 😁
Is some of it part of the 395 tonnes of UK government gold reserve Gordon Brown sold at rock bottom prices in 1999-2002?
France, Germany and Austria have done it also.
Well that is not alarming. US and Canada have been the depository of choice for bullion due to fears of 'physical' instability since 1939 or so, right?
Wow! How lovely of them :) Cannot thank them enough :)
The Netherlands Just Pulled 86.4 Tons of Gold Out of the U.S. to Improve “Crisis Readiness” Amid Global Tensions. finance.yahoo.com/markets/comm...
Smart. Before “he who shall not be named” tries to steal it.
The US has lost its place as a world leader. Now we're just a third world threat.
They had to strip it from various tacky monuments and a strange-shaped office first, though
Europe is adapting to the new reality. “DNB (Dutch central bank) said that gold that is held with the Bank of England "is regarded as the world's most easily tradable gold," and therefore more readily available in a crisis than if it was still in the US or Canada.” www.bbc.co.uk/news/article...
France also pulled all its gold out of the US earlier this year
Once again, the world is at a crossroads. Worrying similarities to the 1930s are becoming increasingly clear. A new war axis is taking shape – Russia, China, North Korea and Iran – and is exploiting the strategic power vacuum to impose a world order beyond freedom and democracy.
They're gonna need a bigger vault.