That is basically it yeah. The vast majority of gold was moved from the US (essentially 41% of Dutch gold reserves in the US were moved out), while we barely moved anything out of Canada.

The official reason is "crisis preparedness", but I believe the actual unofficial and unspoken reason is that the US is simply too unreliable to store our gold.

The Dutch love Canadians, don't worry,

We're afraid the US might attack Canada and then Canada conquers our gold and keeps it as spoils of war. Not that you don't deserve it, but better it be someone else's gold.

Desperate or vindictive. There was a recent debate over whether the EU should use the money in the Russian accounts it suspended to bankroll Ukraine, because Russia owes Ukraine reparations. One of the reasons that might not be a good idea is that a lot of EU money is in the USA, and with Trump it's monkey see, monkey do. Except for "the EU should" read "the USA should", for "Russian accounts" read "EU accounts", for "bankroll Ukraine" read "line Trump's pockets", and for "because Russia owes Ukraine reparations" read "because Trump likes money".

https://www.theguardian.com/world/2026/jan/24/repatriate-the-gold-german-economists-advise-withdrawal-from-us-vaults

They are worried about having their gold stolen, basically.

The US kidnapped the Venezuelan leader to get to their oil, has threatened military invasion of Greenland, and is constantly showing that laws do not apply, why would any nation want to keep gold in the US?

Fascist governments have a history of hoarding resources.

They are worried about: Trump: "Give me ________ or I'm taking your gold."

Direct consequence of the pedo regime deliberately signalling instability

If you are above the 1% in wealth in the US, these are the best times for you in American history. Measurably much better than the gilded age.

We're almost coming to parity with medieval pre revolution France.

• A wildly unequal treatment by the justice system
• The will of the public is not represented in what government does.
• Massive national (public) debt
• Disconnected leaders vs frustrated starving peasants who feel they have no future.
• Profligate royal spending
• A huge wealth gap across society
• Increasingly poor treatment of the peasantry by the wealthy driving a breakdown of societal trust
• regressive Taxation focussed on lower class paying for everything
• Useless foreign wars that serve no national interest.

Its all pretty much spot on. All we lack is someone with the formal title "king", a few droughts and extreme weather, and a run of bankruptcies and we are all the way there, or even past the french situation.

Just as it probably made sense to flee Nazi Germany into Austria

Here are your 50 tons of depleted uranium bars.

They're banks, ofc they have some convoluted financial trick not to pay.

The gold is a financial instrument and not a purchased commercial product being imported for consumption, so it is not subject to import duties or tax.