The Netherlands Is Moving Its Gold as Trust in the Financial System Collapses
The Netherlands is moving a substantial portion of its gold reserves out of the United States and Canada and placing it in London. De Nederlandsche Bank will dress this up as an exercise in “tradability,” geographical diversification, and crisis preparedness, but central banks do not quietly rearran
Source: Armstrong Economics
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DW NOTE
The Netherlands is repatriating gold from New York and Toronto to London — not Washington, not Frankfurt, London. That tells you what they think about dollar liquidity in a crisis and which vault they trust to keep functioning when the interbank system seizes.