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Dutch central bank moves 86 tonnes of gold from US citing 'geopolitical unrest'

theguardian.com

41–50 of 60 posts

Re: Dutch central bank moves 86 tonnes of gold from US citing 'geopolitical unrest'

#41
post #27

Earlier quoted context omitted.

England has not been invaded in nearly 1000 years.

https://en.wikipedia.org/wiki/1688_invasion_of_England

See, we can just go and get our gold out of London if needed. :)

Re: Dutch central bank moves 86 tonnes of gold from US citing 'geopolitical unrest'

#42
post #5

The American Service-Members' Protection Act of 2002, also known as the "Hague Invasion Act", gives the President of the U.S. legal authority to invade the Netherlands to free detained U.S. service members imprisoned by the International Criminal Court. https://en.wikipedia.org/wiki/American_Service-Members%27_Pr...

So America thinks its above the ICC then?

Explains a lot, lmao.

Re: Dutch central bank moves 86 tonnes of gold from US citing 'geopolitical unrest'

#43

On the grand scheme of things this is 12bil usd worth of gold. The GDP of Netherlands is 1.4 trillion USD. So, this is honestly a foot note.

The sum of 12 billion USD would be correct for paper gold probably. But in practice, the supply of paper gold exceeds that of physical gold.

Re: Dutch central bank moves 86 tonnes of gold from US citing 'geopolitical unrest'

#44
post #10
post #8

Earlier quoted context omitted.

Italy is the third country with the largest gold reserves since the 50s or so, and most of their gold is in the US. The idea of repatriating it comes up from time to time, but the truth is that it's s logistical and diplomatic trouble with little positive outcomes.

I don't think the US is a serious position to argue diplomatic issues atm. I'd vote for it if I was Italian.

> I don't think the US is a serious position to argue diplomatic issues atm.

Yeah, first we'd have to prove that any of our politicians can even define the word 'diplomacy', then we'd have to prove that they'd be willing to actually try diplomacy before resorting instantly to pathetic attempts at bullying.

Re: Dutch central bank moves 86 tonnes of gold from US citing 'geopolitical unrest'

#45
post #5

The American Service-Members' Protection Act of 2002, also known as the "Hague Invasion Act", gives the President of the U.S. legal authority to invade the Netherlands to free detained U.S. service members imprisoned by the International Criminal Court. https://en.wikipedia.org/wiki/American_Service-Members%27_Pr...

So America thinks its above the ICC then? Explains a lot, lmao.

icc is as strong as it can enforce its strength, if no one can challenge you, you don't play by the same rules everyone else do. Pretending otherwise is asking for trouble.

Re: Dutch central bank moves 86 tonnes of gold from US citing 'geopolitical unrest'

#47
post #5

The American Service-Members' Protection Act of 2002, also known as the "Hague Invasion Act", gives the President of the U.S. legal authority to invade the Netherlands to free detained U.S. service members imprisoned by the International Criminal Court. https://en.wikipedia.org/wiki/American_Service-Members%27_Pr...

So America thinks its above the ICC then? Explains a lot, lmao.

A lot of countries never recognized ICC's jurisdiction over them, USA included.

Re: Dutch central bank moves 86 tonnes of gold from US citing 'geopolitical unrest'

#48

Earlier quoted context omitted.

So America thinks its above the ICC then? Explains a lot, lmao.

A lot of countries never recognized ICC's jurisdiction over them, USA included.

Russia, China, Indonesia, Turkey, Pakistan and India are also non-signatories, among many others. The ICC exists mostly for political statements.

Re: Dutch central bank moves 86 tonnes of gold from US citing 'geopolitical unrest'

#49

Why did you modify the title to not include Canada? According to the HN guidelines: "Otherwise please use the original title, unless it is misleading or linkbait; don't editorialize."

good luck with HN title length limit, I dont understand why is length limit so low, I have to edit almost all my submissions
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