Fortress No More: Why European Central Banks Are Pulling Their Gold Out of the United States - Sydney Times
Fortress No More: Why European Central Banks Are Pulling Their Gold Out of the United States - Sydney Times
Source: Sydney Times
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DW NOTE
European central banks are repatriating gold held in New York vaults — not because Fort Knox security has failed, but because the precedent of freezing Russia's $300 billion in reserves demonstrated that dollar-system custody is conditional. When custodianship becomes a sanctions tool, physical repatriation is the only hedge that cannot be legislated away.