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42 sats \ 7 replies \ @0xbitcoiner 13h \ parent \ on: Germany and Italy pressed to bring $245bn of gold home from US econ
Trump is going to Fort Knox this time!
Is he?
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Maybe it's better not to know.
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It seems like there are more pressing issues.
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Pressure only really comes into play if there's no gold to ship off to Germany and Italy, innit? What else could even be causing press?
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It's quite strange that they store their gold out of country. These aren't exactly small poor countries.
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That's a good point! It is a bit weird. There could be a bunch of reasons why the gold's in the US. Maybe it's about geographic diversification, keeping it safe or just making it easier to do business with the US (liquidity).
utopia
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