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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.
Question, how do you test if a bar of gold is really 100% gold without deforming it?
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 of course it's just a bargaining tool, you would think there is a quit pro quo.
Whilst the impact of a refusal to repatriate would be high remember the gold is probably not performing very much of a role, beyond a defensive one, and is nothing like the whole of their stocks. And the cost to US standing in enacting a refusal to NATO allies would be significant: You would expect future gold deposits to seek safer harbours for one, and the retention of the dollar as a hedge currency would be called into even more question.
In any case, it's a matter for law. On what grounds could the US refuse?
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?
Trump administration should call in ex AOL execs for some consulting work.
There is enough incentive for the US to not be transparent about the actual gold that is left.
Question, how do you test if a bar of gold is really 100% gold without deforming it?
Earlier quoted context omitted.
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…
I thought this has been attributed to pro russian Ukrainians on the far right?
who even needs a ton of gold?
Earlier quoted context omitted.
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…
I thought this has been attributed to pro russian Ukrainians on the far right?