- cross-posted to:
- world@lemmy.world
- cross-posted to:
- world@lemmy.world
Germany is facing calls to withdraw its billions of euros’ worth of gold from US vaults, spurred on by the shift in transatlantic relations and the unpredictability of Donald Trump.
Germany holds the world’s second biggest national gold reserves after the US, of which approximately €164bn (£122bn) worth – 1,236 tonnes – is stored in New York.
Is this a joke? Does anyone realistically believe that gold will ever set foot on European soil again?
Smartass mode on: “again” isn’t quite right, because the gold was never in Germany/Europe. It has been in the US since the beginning and has never been anywhere else.
why not?