Markets

The Netherlands Just Pulled 86.4 Tons of Gold Out of the U.S. to Improve “Crisis Readiness” Amid Global Tensions - Yahoo Finance

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DW NOTE

The Netherlands repatriated 86.4 tons of gold from New York — roughly 14% of its total reserves — and cited "crisis readiness" as the rationale. That's central bank speak for: we no longer trust that we can access our own metal when we need it. Gold stored in Manhattan is gold you hope to own; gold in Amsterdam is gold you control.

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The Netherlands Just Pulled 86.4 Tons of Gold Out of the U.S. to Improve “Crisis Readiness” Amid Global Tensions - Yahoo Finance

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