41–50 of 329 posts
Earlier quoted context omitted.
Or a deep sea diving movie
Honest question: does this necessarily require the physical transport of gold?
The gold is stored in Manhattan, in the Fed Reserve Bank of NY.
Question, how do you test if a bar of gold is really 100% gold without deforming it?
This was famously answered by Archimedes in his Eureka moment: https://www.longlongtimeago.com/once-upon-a-time/great-disco...
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…
Knowledge or agreement by Selensky is unclear, but there seem to be hints. Poland might have been complicit or at least turned a blind eye and seems to have let a wanted suspect escape to Ukraine.
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?
Our foreign minister for example in Poland, thanked USA for doing so :P I for example I'm happy NS2 got blown up, as it means relative safety for us. Germans won't be able to just go on about their business with Russia in the future.
I have no idea of the strategy behind it, but for some reasons italy has a lot of gold despite not buying it since a few decades https://www.bancaditalia.it/compiti/riserve-portafoglio-risc...
Question, how do you test if a bar of gold is really 100% gold without deforming it?
I have an auxilary question. Why don't countries have Gold Embassies around the world? Accounts which can be settled in Bulk (e.g. say $100 million gold equivalent size). This way no one country has monopoly on reserve asset.
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?