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

  • 0x0@lemmy.zip
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    7 days ago

    IT would’ve made more sense to move to Canada… or the Netherlands.

  • SirLeToet@lemmy.world
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    7 days ago

    That’s just about 1/3rd of the gold the Dutch have left in the US.

    Everyone likes to blame the orange turd, the Dutch started removing gold from the US prior to the orange turd and moved 122 tons in 2014. The administration at the time denied the Dutch from taking back more gold.

    • mirshafie@europe.pub
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      6 days ago

      America’s fall is not Trump’s fault. He’s just a very good poster boy for it, and a great accelerator.

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

    • Humanius@lemmy.world
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      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.

        • marcos@lemmy.world
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          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.

          • Echo Dot@feddit.uk
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            8 days ago

            The US has been unreliable for the entirety of its history. They relate to both world wars, and they’ve equipped numerous would be terrorists and dictators in various banana republics.

            Also they play Baseball which everybody knows is just Rounders which they renamed

        • Echo Dot@feddit.uk
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          8 days ago

          I think the implication is that the crisis could be anything and not to the result of any particular specific concern.

          Where as everybody knows that it’s because Trump is going to try and become a dictator in November when he inevitably will have a tantrum about losing the midterms.

          • Arctic_monkey@leminal.space
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            6 days ago

            Nah, you guys have two years until he makes his dictator play. Democrat wins in November will just serve as a justification.

      • YouTalkinToMe@lemmy.world
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        I’m already relieved it was still there. But it is likely not the same gold that we put there - there recently was a story about that.

    • mcv@lemmy.zip
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      We’re afraid the US might attack Canada and then Canada conquers our gold and keeps it as spoils of war. Not that you don’t deserve it, but better it be someone else’s gold.

      • Smaile@lemmy.ca
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        Idk if we could pull of anything other then a repel, if anything we’d encourage a splitting of the the USA, it’s clear a certain half of the country can’t be trusted and should never have been let back in without letting them fail on their own first.

  • SGGeorwell@lemmy.world
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    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.

  • khepri@lemmy.world
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    7 days ago

    Lol, they’re scared it won’t be there later if Trump gets desperate.

    • Tango@piefed.caOP
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      Desperate or vindictive. There was a recent debate over whether the EU should use the money in the Russian accounts it suspended to bankroll Ukraine, because Russia owes Ukraine reparations. One of the reasons that might not be a good idea is that a lot of EU money is in the USA, and with Trump it’s monkey see, monkey do. Except for “the EU should” read “the USA should”, for “Russian accounts” read “EU accounts”, for “bankroll Ukraine” read “line Trump’s pockets”, and for “because Russia owes Ukraine reparations” read “because Trump likes money”.

  • Doorbook@lemmy.world
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    8 days ago

    If they can kidnap another country leader, and the entire alliance says nothing, you know they will say nothing of the US did the same to Canada.

    • kreskin@lemmy.world
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      If you are above the 1% in wealth in the US, these are the best times for you in American history. Measurably much better than the gilded age.

      We’re almost coming to parity with medieval pre revolution France.

      • A wildly unequal treatment by the justice system
      • The will of the public is not represented in what government does.
      • Massive national (public) debt
      • Disconnected leaders vs frustrated starving peasants who feel they have no future.
      • Profligate royal spending
      • A huge wealth gap across society
      • Increasingly poor treatment of the peasantry by the wealthy driving a breakdown of societal trust
      • regressive Taxation focussed on lower class paying for everything
      • Useless foreign wars that serve no national interest.

      Its all pretty much spot on. All we lack is someone with the formal title “king”, a few droughts and extreme weather, and a run of bankruptcies and we are all the way there, or even past the french situation.

      • Sunflier@lemmy.world
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        7 days ago

        All we lack is someone with the formal title “king”, a few droughts and extreme weather,

        Don’t worry

        and

  • Treczoks@lemmy.world
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    8 days ago

    I hope they tested the gold bars for e.g. tungsten rods.

    And i hope our national bank gets smart enough to follow that move.

      • Treczoks@lemmy.world
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        They do have a nice and close weight, but their radioactivity gives them away.

        Tungsten has a density of 19.25g/cm3. Compared to Gold with 19.32g/cm3, they are rather close. Uranium is a little less dense at 19.16g/cm3.

              • Ann Archy@lemmy.world
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                8 days ago

                No but seriously how did you do that? Did you upload a .gif as an image? This will open up an ocean of… Good use for me!

                • Tango@piefed.caOP
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                  7 days ago

                  Bear in mind though, that your instance (in your case, lemmy.world) will bear the cost of storing your .gif, and lemmy.world doesn’t have ad revenue to pay for that like Reddit does. So use .gifs sparingly.

                • MinnesotaGoddam@lemmy.world
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                  there should be a button to view the source of my comments, but basically:

                  ![alt text](imagesourcehtmllink)

                  for those of y'all who would like to skip the tutorial, skip it

                  if you include the ! it renders the image or gif (the link needs to be a direct path to the image, not just the page it’s on. it might take a little experimenting. it did for me) and if you don’t it just has the text and a link to the image.

                  without the !

                  first image: I NEED TUNGSTEN TO LIVE

                  with the !

                  i have been told if we add “hovertext” after the link (but still in the parens) we can add hovertext, but i haven’t experimented with nor figured it out yet so i can’t really advise you on it, sorry. there’s always bigger fish.

  • Zaktor@sopuli.xyz
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    8 days ago

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

    • Tar_Alcaran@sh.itjust.works
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      Because keeping your strategic reserves in your own country kinda defeats the purpose, and we don’t have allies further west than the UK, on account of there not being any more land there.

      • Zaktor@sopuli.xyz
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        Do you feel like France or Germany would be too close/too involved in a potential of conflict to be safe?

        • Tar_Alcaran@sh.itjust.works
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          It comes down to how likely it is.

          The likelyhood of the Netherlands being invaded, but not germany or france, is a lot smaller than the Netherlands being invaded but not the UK.

          Because lets be real, if anyone is going to be attacking Europe, it’ll be Russia, and they won’t be coming via the sea.

    • Echo Dot@feddit.uk
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      If you think the UK isn’t politically stable you’ve just been watching too much fox news.

      • CmdrShepard49@sh.itjust.works
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        After Brexit and the UK following in the footsteps of just about every shitty thing the US does, I don’t see how one could call them stable.

        • Ann Archy@lemmy.world
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          Farage, Boris… There are ugly undercurrents in British society and culture. I am throwing stones with sin here, because my country also struggles against those cuntdicks, but I’ve been there many times so I’m not speaking out of turn.

          Let’s keep in mind that Putin has been funding right wing extremism and fanned polarity in Europe for the better part of three decades now. It shows.

      • Ann Archy@lemmy.world
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        8 days ago

        Then again, how come your PMs only last an average of 6 months on the job before they get kicked out and are replaced before the replacement leaves in 6 months.

        Lettuce woman springs to mind, but holy shit.

        • Echo Dot@feddit.uk
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          That’s just how the UK political system is, it’s not a sign of instability. We really do need to change our truly broken political system but that’s more about fairness and an actual representative government, than it is protecting us from from fascism.

          • Ann Archy@lemmy.world
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            But that is a clear sign of instability, my man. I’m from Europe so I know what’s up, and GB has been in turmoil since Thatcher. In fact you’re Europe’s USA as far as I’m concerned- you’re basically OG USA really… I love the people, but you’re still dealing with your colonial past and the structures of its old institutions still governing you.

            You’re also a bunch of mad lads so I have hope for you.

            • jabjoe@feddit.uk
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              No it’s since the 2008 crash. We fucked up our response to that. Austerity made everything worse. Immigrants and foreigners somehow get blamed for the state of things, and thus Brexit. Which again made everything worse still. All wrapped in 14y of bad Conservative government. Increasing corruption as it gets normalized. Labour has their work cut out for them, or it will be the far right next. (Because the right haven’t done enough damage yet?)

      • acargitz@lemmy.ca
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        The UK is sleepwalking towards fascism. Same as France and Germany. Not that the left isn’t fighting tooth and nail against it but there is still a very strong pull towards authoritarian right wing politics and moderate centrists are not ready to stop licking oligarch boots.

        • Echo Dot@feddit.uk
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          I don’t know where you’re getting this view from. Of course this right wing extremists, there always has been, but they’re no more likely to achieve power now than they were 10 years ago. If anything trump’s antics have brought their behavior into sharp relief. Since everyone can see how much of a disaster and extremist right-wing government would now be, because they’re all exactly like Trump.

          • acargitz@lemmy.ca
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            I’m getting this view from the opinion polls that show the AfD ahead and LePen beating Mélenchon in the second round. And even though Burnham seems to enjoy a boost bringing him slightly ahead of Farage, this is the honeymoon period and I don’t believe that he will break enough establishment eggs in a left populist direction to reverse the longer term trend.

            • Echo Dot@feddit.uk
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              The longer term trend being that the right-wing parties are ripping themselves apart you mean? You should watch some UK news, your information is quite out of date.

              • jabjoe@feddit.uk
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                7 days ago

                I wish that was true. So Greens just won Dover, “yeah!” except… if you add up the right parties, it is over 50%. So it’s not actually good news. Plus there is still more left parties for the vote to be split over.

                I just hope the right can’t consolidate, and that in fact anyone remotely sane on the right goes LibDem rather aligned at all with fascists.

          • theneverfox@pawb.social
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            As in the money in the UK is not freely flowing through the real economy, the one where money has a healthy velocity (eg the same pound flows from the carpenter to the baker to the electrician to the cafe worker and leaves everyone involved enriched by goods and services)

            Instead, the lion share of the money is tied up in London playing games with math. It’s not even investments that create more economic activities… It’s just making money on paper

            It means that while the GDP looks good on paper, the velocity of money continues to drop and the real economy is being starved

            It’s also a severe problem in the US, but long story short, when the US economy pops the UK economy is going to also be thrown into chaos