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When you think about it, it's really quite a remarkable state of affairs for a nation to trust another nation so implicitly they give it physical control of (a
by applfanboysbgon 2mo ago
When you think about it, it's really quite a remarkable state of affairs for a nation to trust another nation so implicitly they give it physical control of (a non-trivial portion of) their treasury, in a sense. And now that is coming unravelled. Another marker of human civilization's slow deteroriation. I remember a time when I thought things would only keep getting better and better with advances in technology and information sharing.... how naive I was.
- bspammer 2mo agoThey’re not moving it to the Netherlands. There’s still plenty of countries that the Dutch trust, but the US no longer seems to be on that list.
- mullingitover 2mo agoThey still keep gold with the New York Fed, this was just a rebalance: > Before the deployment, the Dutch bank held 31.3% of its gold in New York and 19.7% in Ottawa. > After the move, each country accounted for 18.5% of the Dutch gold reserve.
- powcontech 2mo agoWhat building in Ottawa has 15 billion dollars of Dutch gold in it ?
- mi_lk 2mo agoYes policeman right here
- theGeatZhopa 2mo agoI also would like to know. GPS location anyone? I'm asking for a friend
- camkego 2mo agoThe Bank of Canada at 234 Wellington Street. If you try standing around taking photos for over fifteen minutes or so, let us know how that works out.
- wanderingpixel 2mo agonot human civilization, just the United States.
- c23gooey 2mo agoall of human civilisation =/= the USA
- applfanboysbgon 2mo agoI didn't say it was. Do you believe that there's an upwards trend in global geopolitical stability, or even simply general well-being? If you do, we certainly don't share that opinion.
- maplethorpe 2mo agoYes, things are really great everywhere else.