European Gold Is "Fleeing" From the United States
4 Articles
4 Articles
The Netherlands moved 86 tons of its gold reserves held in the United States and Canada to London, in a step that it described as preparing for geopolitical crises, raising questions about the transformation of European central banks.
The Dutch central bank has moved part of its gold reserves from New York and Canada to London. It cites the need to better prepare for crises and provide easier access to the precious metal, reports "Fakt." The decision has raised questions about whether other countries, including Poland, will follow suit.
Some European countries have started moving their gold reserves out of the U.S
Donald Trump and his team haven’t exactly been subtle about their gold fixation. Since the president returned to power, Americans have seen an emphasis on everything from “Gold Cards” to a “Golden Dome” to a “Golden Fleet” of U.S. battleships. (And don’t get me started on the many gold trinkets…
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