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https://archive.is/20250623093918/https://www.ft.com/content... I have doubts the current US administration would let them without some sort of retaliation (e.g. more tariffs)
If your friend goes to an ATM for $20 and their bank fines them with a large percentage fee on their income; are you likely to also choose this bank?
https://archive.is/20250623093918/https://www.ft.com/content... I have doubts the current US administration would let them without some sort of retaliation (e.g. more tariffs)
The US might literally just not give it to them. Germany has been trying to ask for their gold back for a while IIRC and they generally get an explanation that paraphrases to it being a very complex operation to pull off and they should come back next year. The US has enough leverage over Germany that the Nord Stream incident is still an unsolved mystery where everyone just moved on. Probably the Russians did it. Tha…
Question, how do you test if a bar of gold is really 100% gold without deforming it?
Measure its volume by dunking it in a jug of water and compare its weight with its expected weight (depending on the density of gold). There is a famous tale of Archimedes doing exactly this when posed with the problem of determining if a certain crown is made of pure gold.
Earlier quoted context omitted.
Or a deep sea diving movie
Honest question: does this necessarily require the physical transport of gold?
Question, how do you test if a bar of gold is really 100% gold without deforming it?
Bring it home. US can't be trusted anymore. Bring it home.
Bring it home. US can't be trusted anymore. Bring it home.
Earlier quoted context omitted.
Honest question: does this necessarily require the physical transport of gold?
Not necessarily. It’s fair to wager that the gold they speak of is gold securities and not literal gold bars because if they try to collect gold bars they’re going to be sad.