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The other article on France's gold reserves mentioned that France sold their older gold bars in the US, and used the money to purchase higher-standard gold bars
by ekidd 6mo ago
The other article on France's gold reserves mentioned that France sold their older gold bars in the US, and used the money to purchase higher-standard gold bars in Europe. In their case, they did that over many decades and just finished now.
- tonfa 6mo ago> In their case, they did that over many decades and just finished now They repatriated the remaining gold (5% of reserve) over 2y. The bulk of the gold that was held in the US was moved back in 60s.
- jbverschoor 6mo agoAnd that is a way to cover up non-existence, packed as convenience