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Dutch central bank moves share of gold from U.S., Canada to London

nltimes.nl

231–240 of 273 posts

Re: Dutch central bank moves share of gold from U.S., Canada to London

#231

Considering the Netherlands’ strategic ties with the US, this sounds like quite a bold move. France doing so was one thing, but the Dutchs have always been rather Atlanticists.

> strategic ties with the US

Yeah, that isn't really a thing anymore.

Re: Dutch central bank moves share of gold from U.S., Canada to London

#232

Earlier quoted context omitted.

A false flag attack would malfunction? Why not do damage to really up the reaction? Even after an explosion there's plenty of pieces left to investigate and figure out where the devices came from. Just throw some parts made in [insert target of false flag here] and you're all set. > The US indeed would like to expand the Ukrainian proxy war to the Baltics so it can carry out its own plans of getting various oil rich…

No damage because they need the Antonovs. Parts can be obtained from Russia by Russian speaking Ukrainians that are indistinguishable from Russians. You are making up "oil rich" Baltic states. The comment said "various oil rich states", i.e. Iran and Venzuela. I assume you volunteer for the front?

> Parts can be obtained from Russia by Russian speaking Ukrainians that are indistinguishable from Russians.

I'm not sure what the point of that is? I can order Russian parts online. Too many people watch movies and think all this subterfuge is needed.

> You are making up "oil rich" Baltic states. The comment said "various oil rich states", i.e. Iran and Venzuela.

I made up this quote up?

> The US indeed would like to expand the Ukrainian proxy war to the Baltics so it can carry out its own plans of getting various oil rich countries

What, exactly, are you referring to here? The US is going to expand the war in the Baltics to get the oil in Venezuela? How does that make any sense at all?

> No damage because they need the Antonovs.

Ok? Then blow up something next to it then, or some ground support people. Really make an impact and sell it!

> I assume you volunteer for the front?

Such an old argument that's never made any sense. I think there should be teachers, firefighters, police, doctors, etc. I do not need to become one of them because I think they should exist. I have, however, donated $XXk to Ukraine for their efforts, make donations to various groups on a monthly basis, and will donate another $5-10k from my Donor Advised fund this winter - all of which they need far more than some middle aged American dude showing.

I get that you are having problems dealing with your country's leadership making such horrible decisions, but pretending like it's all a big conspiracy is just detaching you from reality and will make the fall even harder for you.

Re: Dutch central bank moves share of gold from U.S., Canada to London

#233

Earlier quoted context omitted.

Yes, but it’s a very specific geopolitical risk. European countries aren’t worried that China will conquer the U.S. and they’d lose access to their gold because a hostile Chinese government controls it. The increased risk is that the U.S. was considered basically risk free for allies, and now the U.S. isn’t considered risk free anymore and allied status is also at risk.

To the extent this is the justification, why is Canada included?

so they can say moving out of "North America" instead of "US" and avoid the ire of a certain mad king

Re: Dutch central bank moves share of gold from U.S., Canada to London

#235

Earlier quoted context omitted.

To the extent this is the justification, why is Canada included?

so they can say moving out of "North America" instead of "US" and avoid the ire of a certain mad king

That won't work because he already believes he owns everything from hemisphere from Greenland to Venezuela.

Re: Dutch central bank moves share of gold from U.S., Canada to London

#236
post #4

It may be quirky for Americans to hear this, but one pivotal moment when it truly dawned on the average european citizen how corrupt the US has become, was when Trump phoned Infantino to drop a red card during the world cup. Blatant corruption for zero gain that even the Putin's and Xi Jin Pings never attempted. Any toddler could see how wrong it was and it was felt deeply in many hearts. Needless to say trust is clo…

Notably this was after he waged a violent attempt to overthrow the US government. I thought that would have been it for everyone but apparently I guess soccer is the thing.

Re: Dutch central bank moves share of gold from U.S., Canada to London

#237
post #130

Earlier quoted context omitted.

And this lost trust will not suddenly reappear when he leaves office. He has damaged our reputation for a generation

Trust in the US started to decline dating back in the Obama era when they listened to Merkel's phone etc. Trump has finally eroded what was left of it. Poland and the rest of Eastern Europe are still trying to keep a good relationship with thd US regardless, because they don't want to lose US support due to Trump's whims… err transactional diplomacy .

The weapons of mass destruction happened much before Obama

Re: Dutch central bank moves share of gold from U.S., Canada to London

#238
post #89
post #2

This shows how much trust in the US has declined due to Trump. Netherlands is not the only or first country to do this, other countries have started this too.

In the end it is all about money. Putin killed hundreds of EU citizens and we are still buying his gas, oil, uranium and fertilizer. Trump can bomb cities in Europe and we would trade with the US. I doubt we will ever fully separate from the US.

> Trump can bomb cities in Europe and we would trade with the US

This is the same level of delusion that: And Iran will never dare to close the strait.

Re: Dutch central bank moves share of gold from U.S., Canada to London

#239
post #126

Earlier quoted context omitted.

Wow. This post serves as a great example on how propaganda can brainwash people brain. Sure , Ukraine whose survival solely depends on EU, plans a false flag attempt . To achieve what ? Russia openly attacked territory of eu with drones , infiltration, poison operations , not to mention Slovakia , Orban etc . What is there to prove for Ukraine ???

Ukraine is, in the most positive framing - in a war of attrition that isn't going well. They want greater involvement, ideally much more directly, from NATO countries. And Germany is certainly going to be happy to play along because the AfD is quickly becoming the largest single party in that country. They are Euroskeptical and against continuing the war with Russia. A direct Russian attack on Germany would likely un…

> What benefits Russia would see in deciding to directly attack NATO in a way that would lack any plausible deniability.

Several possible benefits. In the last months Russia has tried repeatedly to lure Nato to a response for their constant provocations.

This way they can claim that Russia is being attacked by Nato and 1) have an excuse to start a massive mobilization of their reserve soldiers planned for this fall and 2) activate the mutual defense treatise with China and NK so they force both countries to participate directly in the war.

Re: Dutch central bank moves share of gold from U.S., Canada to London

#240
post #120

Fun fact, France did exactly the same earlier this year (though the trend has been there for decades). [1] https://en.wikipedia.org/wiki/Gold_repatriation#France

France made an even a smarter move as it sold its reserves in the US and bought higher purity gold locally.

That's also what mostly happened in this case. 59 tonnes was sold in the US and bought back in London, 27 tonnes was physically transferred from the US to The Netherlands, and 27 tonnes was physically transferred from The Netherlands to London.
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