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Dutch central bank shifts billions in gold to London in 'crisis preparedness' move (apnews.com)

submitted 3 days ago by CAVOK@lemmy.world to c/europe@feddit.org

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[+] AviAdi@lemmy.world -36 points 3 days ago (2 children)

Not really a big deal. On a fraction of the holdings were moved. USA is still the safest and most profitable place to store money 🤑

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[–] terranoid@lemmy.cafe 17 points 3 days ago* (1 child)

They just shipped literal tons of highly valuable weight out of the US and across the Atlantic Ocean because they don't trust the US having that much of their gold anymore.

Loosen the red hat a bit. It's restricting your blood flow.

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[+] AviAdi@lemmy.world -18 points 3 days ago (3 children)

Literally a fraction of the gold was moved out. Sure it was a ton but they have a lot more here still! Right?

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[–] Humanius@lemmy.world 16 points 3 days ago*

I guess 41% of Dutch gold stored in the US is technically a fraction

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[–] einkorn@feddit.org 7 points 3 days ago

Right?

Wrong. They moved almost half of it.

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[–] StupidBrotherInLaw@lemmy.world 1 point 3 days ago (2 children)

No one in this comment thread read the article and each side arguing with incorrect points is pretty comical.

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[–] Humanius@lemmy.world 3 points 3 days ago*

I've read the news in Dutch papers, referencing the Dutch Central Bank directly.
Having skimmed through the AP article, it doesn't really seem to provide any real additional information.

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[–] AviAdi@lemmy.world 0 points 3 days ago

Lmfao true

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