Germany's gold reserves have been stored in the US for decades. Some think they should be brought back. With US President Trump breaking up the rules-based world order, they fear he could seize the gold.
At one point we were more secure and in case your country is invaded or couped the new gov can’t as easily take/use “your” money if it’s not in the country.
The post doesn’t explain why didn’t they request their gold already. There has to be some benefit in storing it in the US
Moving large amounts of bullion is not easy and carries a significant risk.
At one point we were more secure and in case your country is invaded or couped the new gov can’t as easily take/use “your” money if it’s not in the country.
For example, the Spanish Republic sending their gold reserves to Russia… Wait, hold on