According to the DNB this move has nothing to do with the political climate in the US i.e. Donald Trump.
But I think most Dutchies share in my relive that the bulk of our national gold reserves are now stored in places that are actually safe from foreign interference.
I suspect that part of the reason they’re also taking gold out of Canada is to give themselves plausibility when they say that it’s not a knock against the USA.
It deteriorated significantly almost 20 years ago and has never recovered. The US will no longer be able to finance or even service their their debt without a major change very soon. The Trump admin is here to usher that change in.
According to the DNB this move has nothing to do with the political climate in the US i.e. Donald Trump.
But I think most Dutchies share in my relive that the bulk of our national gold reserves are now stored in places that are actually safe from foreign interference.
Are they just saying that to avoid retribution?
100%
I suspect that part of the reason they’re also taking gold out of Canada is to give themselves plausibility when they say that it’s not a knock against the USA.
I mean of course they would say that, but it’s pretty obvious the financial situation in the US is deteriorating.
It deteriorated significantly almost 20 years ago and has never recovered. The US will no longer be able to finance or even service their their debt without a major change very soon. The Trump admin is here to usher that change in.