In Bitcoin circles, we have a “proof of keys” day where we withdraw crypto held on exchange or 3rd party custodians to private wallets as a method of assuring that the coins actually exist in the wallets of the holder
Germany needs to arrange to take ownership of its gold asap, because I can 100% see an order coming down that basically confiscates it – Trump is that broken in the head
tenredtoes on
That’s not a comforting read.
AstraMilanoobum on
Weird that German politicians are pushing Elon musks conspiracy all of a sudden
This is a conspiracy trump and Musk made up weeks ago
pastoreyes on
If Trump/Musk can smell it, it’s already in their pockets
Cernunnos_Child on
Did it all go to Trump and his family? Hey maybe even Musk took it all
Andvari_Nidavellir on
It’s very likely to be gone or used as leverage against Germany. They’d be fools not to move it home ASAP.
jelhmb48 on
This is an issue in the Netherlands too. 31% of our gold reserves, worth about € 17 billion, is stored in NYC at the Federal Reserve. Another 20% is in Canada, 18% is in the UK and 31% is in the Netherlands. I think it’s specifically these countries because of WW2 and resulting fear of a Russian or German invasion. Back in 2014 the NL already moved some gold from NYC to Amsterdam. We have the 11th largest gold stock on earth with 612000 kg.
> The very idea that they might not be safe would have been considered ridiculous from 1945 … until a couple of weeks ago.
Are you sure? I remember reading about this very issue years ago, that Germany wanted their gold back from the US and couldn’t get it.
CanadianDarkKnight on
Probably being melted down to build whatever idol King Donny has decided he wants to go with his $100 bill goat
Original_Gypsy on
everything in fort-knox got replaced by cheese
BlueFingers3D on
The Dutch central bank have a gold reserve of approx. 11.4 Billion euros at the Federal Reserve too, makes me wonder how many other EU countries keep gold over there.
ThinNeighborhood2276 on
Germany’s gold reserves in the US are stored at the Federal Reserve Bank of New York. Concerns often arise about repatriation and transparency.
Historical_Doctor629 on
Sorry, but what a dumb thing to do. Storing your national reserves in another country? Ally or not, it’s very stupid.
AK49Logger on
From 1917? Probably long gone…lol…
heapOfWallStreet on
You give your gold to your main ally. Then you discovered that it’s not an ally at all.
stijen4 on
Good thing we sold all of our gold reserves so we don’t have to worry. Big brain time
nana-korobi-ya-oki on
If I was Germany, I’d be selling that shit asap
MXAI00D on
Is probably going to be used to buy bitcoin so might as well start getting it out asap.
rocknstone101 on
The gold was the friends we made along the way.
Fantastic_Picture384 on
I know the British aren’t bothered as we sold our gold at the lowest point.
23 commenti
When I look at the decorations in the White House, I start to worry too.
All that gold leaf has to come from somewhere and Trump prefers to use other people’s resources, as we now know.
Stolen
[Executive Order 6102](https://en.wikipedia.org/wiki/Executive_Order_6102) but on an international scale
In Bitcoin circles, we have a “proof of keys” day where we withdraw crypto held on exchange or 3rd party custodians to private wallets as a method of assuring that the coins actually exist in the wallets of the holder
Germany needs to arrange to take ownership of its gold asap, because I can 100% see an order coming down that basically confiscates it – Trump is that broken in the head
That’s not a comforting read.
Weird that German politicians are pushing Elon musks conspiracy all of a sudden
EDIT:
Downvoted fvote all you want but
https://m.economictimes.com/news/international/us/trump-and-musk-question-fort-knox-gold-reserves-and-demand-transparency/articleshow/118737699.cms
This is a conspiracy trump and Musk made up weeks ago
If Trump/Musk can smell it, it’s already in their pockets
Did it all go to Trump and his family? Hey maybe even Musk took it all
It’s very likely to be gone or used as leverage against Germany. They’d be fools not to move it home ASAP.
This is an issue in the Netherlands too. 31% of our gold reserves, worth about € 17 billion, is stored in NYC at the Federal Reserve. Another 20% is in Canada, 18% is in the UK and 31% is in the Netherlands. I think it’s specifically these countries because of WW2 and resulting fear of a Russian or German invasion. Back in 2014 the NL already moved some gold from NYC to Amsterdam. We have the 11th largest gold stock on earth with 612000 kg.
(Dutch language article that’s also about dependency on Mastercard)
https://nos.nl/l/2560460
> The very idea that they might not be safe would have been considered ridiculous from 1945 … until a couple of weeks ago.
Are you sure? I remember reading about this very issue years ago, that Germany wanted their gold back from the US and couldn’t get it.
Probably being melted down to build whatever idol King Donny has decided he wants to go with his $100 bill goat
everything in fort-knox got replaced by cheese
The Dutch central bank have a gold reserve of approx. 11.4 Billion euros at the Federal Reserve too, makes me wonder how many other EU countries keep gold over there.
Germany’s gold reserves in the US are stored at the Federal Reserve Bank of New York. Concerns often arise about repatriation and transparency.
Sorry, but what a dumb thing to do. Storing your national reserves in another country? Ally or not, it’s very stupid.
From 1917? Probably long gone…lol…
You give your gold to your main ally. Then you discovered that it’s not an ally at all.
Good thing we sold all of our gold reserves so we don’t have to worry. Big brain time
If I was Germany, I’d be selling that shit asap
Is probably going to be used to buy bitcoin so might as well start getting it out asap.
The gold was the friends we made along the way.
I know the British aren’t bothered as we sold our gold at the lowest point.
Donny the Goldfinger. Also average cheat golfer!