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Netherlands pulls gold out of the US

abc.net.au

81–90 of 279 posts

Re: Netherlands pulls gold out of the US

#81
post #12
post #9

Earlier quoted context omitted.

England is definitely a European country. I'm tired of people constantly making this political abuse of language of conflating "the EU" with "Europe". (And yes, saying "America" for "US of A" annoys me too. First step towards losing an imperialist state of mind is letting people from Canada and Brazil be in America).

In all fairness, I deal with British tourists a lot and they always talk about "going to Europe" when they refer to their summer holiday in Benidorm.

But almost invariably in this context they mean "the continent" ie France, Spain, Italy and so on, probably not Scandi and not Ireland. So that's more like how people would say they're going "to the UK" when actually they're travelling to like the Isle of Man or even sometimes Jersey which are not in the UK but like sure, people who speak English live there, if some lunatics attacked them the military forces would work for the UK, and in Man's case it even makes geographical sense (Jersey is basically in France, it isn't French for historical reasons) but these places are not part of the United Kingdom any more than Canada or Australia. Same King, different government.

Re: Netherlands pulls gold out of the US

#85
post #5

I'm curious the reason why it was ever held in the US and Canada

> I'm curious the reason why it was ever held in the US and Canada Random Educated Guess; Probably part of some show of mutual trust to cement a treaty or other agreement, made way back when allied governments could mostly trust one another to hold to such agreements somewhat reliably?

Eh I don’t think that’s a good guess. More likely is that there are just mechanical reasons to have moved some (they didn’t move all of it by the way) gold to London. Plus it’s not that much money in the grand scheme of things.

Your implication here is something akin to the Netherlands thinks the US will invade Canada - remember the Dutch moved gold from there too, or that the US will decide to seize the Netherland’s gold (again, not that much money, huge irreparable harm to the US financial system, even Europe hasn’t confiscated Russian assets) but if the US felt compelled to seize Dutch assets what makes you think such a dramatic scenario wouldn’t result in the US compelling the UK to also seize those assets?

Re: Netherlands pulls gold out of the US

#86
post #37

How is the situation with Bitcoin? Do Europeans have options to hold Bitcoin in ETFs, ETPs etc that are not storing the coins in the USA?

People still buy BTC (let alone central banks)?

All the time. ETFs are at record inflows.

Re: Netherlands pulls gold out of the US

#88
post #9

I am dutch and read the news this week but I found it weird that a part of it went to England. I was expecting a European country.

England is definitely a European country. I'm tired of people constantly making this political abuse of language of conflating "the EU" with "Europe". (And yes, saying "America" for "US of A" annoys me too. First step towards losing an imperialist state of mind is letting people from Canada and Brazil be in America).

One of the smart moves the EU has performed is to bring all ideas of Europeanness and European identity and Europe as a continent under its exclusive umbrella. Even places like Switzerland are somehow now defined by their exclusion when you couldn’t get a more European country slap bang in the centre of the continent. Britain has always been an outlier due to being an island hanging off the edge, and is now a pariah and traitor state which will also be defined by abandonment and disloyalty to the EU project of total integration.

Re: Netherlands pulls gold out of the US

#89
post #30

Interestingly, 59 tonnes of gold was sold in USA and bought in London. So that means perhaps "Somebody" transferred 59 tonnes of their gold holdings to the USA.. who was that? This is similar to what the French did last year. The other thing I noticed, is that as the article chose to mention: > Gold that is held with the Bank of England must meet modern international trade standards with implication being that the go…

USA & Canada

I know the above was in the article, but please never mention the US and Canada in the same breath. Please.

That & symbol just irritates.

From a Canadian's perspective, it's like mentioning a sophisticated, decent human being, and a slimy smarmy used car salesman, in the same breath.

Please.

Re: Netherlands pulls gold out of the US

#90

I am dutch and read the news this week but I found it weird that a part of it went to England. I was expecting a European country.

The narrative is that the continent is going to be overrun by Russia (at the rate of mile per year like in Ukraine). So the elites think they need the gold in London to pay for their exile government luxury.
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