Dutch bank moves $11.6B of gold bullion out of the US, Canada to London — and it's not the first time. Are you ready?
Dutch bank moves $11.6B of gold bullion out of the US, Canada to London — and it's not the first time. Are you ready?
Source: Moneywise
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DW NOTE
De Nederlandsche Bank moved €10.5 billion in physical gold from New York and Ottawa to London this quarter. That's not a forecast, that's a vote. When a G10 central bank repatriates sovereign reserves from North America to the City of London during a Hormuz closure and with the dollar at 57% of global FX reserves — its highest share since 2016 — you're watching someone exit before the denominator changes.