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submitted 10 hours ago by Tango@piefed.ca to c/world@lemmy.world

The transfer was carried out partially by buying and selling and partly by physically transferring gold, the Dutch national bank said.

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[-] Zaktor@sopuli.xyz 8 points 6 hours ago

Why stop at the UK? Feels like they're teetering on the edge.

[-] HerbGrower@slrpnk.net 1 points 1 minute ago

I think the idea is that it is good to have it spread out a bit

[-] codydodd@lemmy.ca 97 points 10 hours ago

As a Canadian I cant help but interpret this as nothing against Canada, but insecurity about our increasingly belligerent neighbour.

[-] Malica@lemmy.zip 3 points 4 hours ago

This is what it is

[-] Humanius@lemmy.world 57 points 10 hours ago* (last edited 10 hours ago)

That is basically it yeah. The vast majority of gold was moved from the US (essentially 41% of Dutch gold reserves in the US were moved out), while we barely moved anything out of Canada.

The official reason is "crisis preparedness", but I believe the actual unofficial and unspoken reason is that the US is simply too unreliable to store our gold.

[-] Eheran@lemmy.world 25 points 10 hours ago

But isn't that exactly being prepared for the crisis?

[-] marcos@lemmy.world 30 points 8 hours ago* (last edited 8 hours ago)

Yes. Crisis preparedness is just polite talk for "we expect shit to hit the fan, so we are acting on it".

IMO, it's way worse than just claiming the US is unreliable.

[-] minorkeys@sh.itjust.works 14 points 7 hours ago

Damned right move. Trump could simply claim it all and wtf is anyone gonna do about it?

[-] SGGeorwell@lemmy.world 44 points 10 hours ago

This is the second story/country like this I’ve read about recently doing this same thing. I can’t tell if it’s supposed to be a political signal or if these countries are anticipating some kind of breakdown in their ability to access the gold if it remains in the US. Do they think we wouldn’t give it up? Do they expect there will be war on this continent? Do they fear Trump will plunder it? It’s a somewhat unsettling consideration.

[-] pmk@piefed.ca 8 points 3 hours ago

The US kidnapped the Venezuelan leader to get to their oil, has threatened military invasion of Greenland, and is constantly showing that laws do not apply, why would any nation want to keep gold in the US?

[-] modernangel@sh.itjust.works 10 points 6 hours ago

Direct consequence of the pedo regime deliberately signalling instability

[-] someguy3@lemmy.world 29 points 8 hours ago* (last edited 8 hours ago)

They are worried about: Trump: "Give me ________ or I'm taking your gold."

[-] Mantzy81@aussie.zone 44 points 10 hours ago

Fascist governments have a history of hoarding resources.

[-] Soulphite@reddthat.com 28 points 10 hours ago

I don't blame them. It's very hard to retrieve your treasure from a sunken ship.

[-] snausagesinablanket@lemmy.world 3 points 7 hours ago* (last edited 7 hours ago)

You load 16 tons what do you get? Another day older and deeper in debt.

Don The Con already used it to make gold toilets.

[-] Salvo@aussie.zone 1 points 6 hours ago

Time to rewatch GoldFinger and have a good laugh.

this post was submitted on 02 Sep 2026
241 points (99.6% liked)

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