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Eh I don’t think that’s a good guess. More likely is that there are just mechanical reasons to have moved some (they didn’t move all of it by the way) gold to L

by ericmay 1mo ago

Eh I don’t think that’s a good guess. More likely is that there are just mechanical reasons to have moved some (they didn’t move all of it by the way) gold to London. Plus it’s not that much money in the grand scheme of things. Your implication here is something akin to the Netherlands thinks the US will invade Canada - remember the Dutch moved gold from there too, or that the US will decide to seize the Netherland’s gold (again, not that much money, huge irreparable harm to the US financial system, even Europe hasn’t confiscated Russian assets) but if the US felt compelled to seize Dutch assets what makes you think such a dramatic scenario wouldn’t result in the US compelling the UK to also seize those assets?

tialaramex 1mo ago
> dramatic scenario wouldn’t result in the US compelling the UK to also seize those assets? The US can demand that we seize other people's gold, but if we acceded then it's game over for our financial industry - London is an important financial centre today but if it's actually just New York but on the far side of the Atlantic who cares? My guess is that the UK would say "No" and since that's presumably a demand from the Orange Buffoon not somebody sane the next thing would be an order to attack us militarily, which is strikingly dumb in this circumstance. Of course the US can destroy Britain though it might not be as easy in practice as it looks on paper - but the bloodshed would be horrific and all the victims speak English and have Internet access. Bombing a girl's school in Iran looks like a PR master stroke by comparison.
- ericmay 1mo ago
  > Bombing a girl's school in Iran looks like a PR master stroke by comparison. Iran killed more than 30,000 of its own people for peacefully protesting and continues to hang its own citizens to this day. They (along with Hamas, Hezbollah, and more) intentionally set up military assets next to civilian facilities because they know we don’t intentionally strike civilian facilities and they tell you that themselves. Iran intentionally attacks civilians and civilian infrastructure and provides military support to Russia’s invasion of Ukraine. They should be attacked for providing support for Russia alone, let alone anything else they’ve been doing. Anyway back on topic > The US can demand that we seize other people's gold, but if we acceded then it's game over for our financial industry - London is an important financial centre today but if it's actually just New York but on the far side of the Atlantic who cares? The kind of scenarios envisioned in which the US seizes gold from the Netherlands are so catastrophic and crazy that requiring the UK to also seize said gold would seem to be not that big of a deal. You guys are driving yourself into psychosis about how the world works and creating nonsense scenarios like the US is somehow going to just seize a pathetic $80 billion in gold and completely ruin the credibility of its financial system when Europe won’t even seize Russian assets and it’s practically at war. This shows the kind of bar needed to seize sovereign wealth. And no, Trump can’t and isn’t dumb enough to start seizing assets of another country. If you think he can and he is, you’re wrong and it is further evidence that you’re just whipping yourself up into crazy land.
  - KaiserPro 1mo ago
    Yes iran is a murderous regime, but thats not a get out of jail free for either failing to do logistics, plan for the enemy you face, or failing to properly vet your targets in a war of choice. > And no, Trump can’t and isn’t dumb enough to start seizing assets of another country. I mean Maduro would like a word. He literally kidnapped a world leader to gain access to a country's oil system. Then there is the agitation, visits and posturing to invade an ally's fucking land. Its not that difficult to imagine trump confiscating "foreign gold" to even up the "trade deficit". There are no effective controls on trump's actions. > completely ruin the credibility of its financial system Besent is doing a good job ruining that trying to shout at the bond market, and pissing about with the Yen. Then there is the attempts to yeet parts of the Fed it's self.
    - ericmay 1mo ago
      > Yes iran is a murderous regime, but thats not a get out of jail free for either failing to do logistics, plan for the enemy you face, or failing to properly vet your targets in a war of choice. Sure, but it’s brought up as though the US is going around arbitrarily bombing children and schools and it’s simply false. In wars, mistakes happen. In the case of the US it was a mistake and we owned up to it on someways (we should do more, IMO) but Iran is doing much worse and we should focus on that primarily. I didn’t bring Iran up here, someone else did, so I can only respond to their characterizations by informing them how they are incorrect. > I mean Maduro would like a word. He literally kidnapped a world leader to gain access to a country's oil system. He’s a criminal destroyed the Venezuelan economy, and the results of his and Hugo Chavez’s policies resulted in an exodus of around 1/3rd of the Venezuelan population. Our actions were good there and will be good in the long term. Plus he was helping Russia evade American and European sanctions. That alone is good enough justification to arrest him. > Then there is the agitation, visits and posturing to invade an ally's fucking land. Its not that difficult to imagine trump confiscating "foreign gold" to even up the "trade deficit". There are no effective controls on trump's actions. We would lose far more than a whatever the Dutch gold is worth and it’s also an insignificant amount of money so there’s no reason for that to happen. You’re whipping yourself up into psychosis around Donald Trump which is clouding your judgment. > Besent is doing a good job ruining that trying to shout at the bond market, and pissing about with the Yen. Read more about European bonds then. If this is your criticism it applies more to France, UK, &c.

by ericmay 1mo ago

tialaramex 1mo ago

> dramatic scenario wouldn’t result in the US compelling the UK to also seize those assets? The US can demand that we seize other people's gold, but if we acceded then it's game over for our financial industry - London is an important financial centre today but if it's actually just New York but on the far side of the Atlantic who cares? My guess is that the UK would say "No" and since that's presumably a demand from the Orange Buffoon not somebody sane the next thing would be an order to attack us militarily, which is strikingly dumb in this circumstance. Of course the US can destroy Britain though it might not be as easy in practice as it looks on paper - but the bloodshed would be horrific and all the victims speak English and have Internet access. Bombing a girl's school in Iran looks like a PR master stroke by comparison.

ericmay 1mo ago
> Bombing a girl's school in Iran looks like a PR master stroke by comparison. Iran killed more than 30,000 of its own people for peacefully protesting and continues to hang its own citizens to this day. They (along with Hamas, Hezbollah, and more) intentionally set up military assets next to civilian facilities because they know we don’t intentionally strike civilian facilities and they tell you that themselves. Iran intentionally attacks civilians and civilian infrastructure and provides military support to Russia’s invasion of Ukraine. They should be attacked for providing support for Russia alone, let alone anything else they’ve been doing. Anyway back on topic > The US can demand that we seize other people's gold, but if we acceded then it's game over for our financial industry - London is an important financial centre today but if it's actually just New York but on the far side of the Atlantic who cares? The kind of scenarios envisioned in which the US seizes gold from the Netherlands are so catastrophic and crazy that requiring the UK to also seize said gold would seem to be not that big of a deal. You guys are driving yourself into psychosis about how the world works and creating nonsense scenarios like the US is somehow going to just seize a pathetic $80 billion in gold and completely ruin the credibility of its financial system when Europe won’t even seize Russian assets and it’s practically at war. This shows the kind of bar needed to seize sovereign wealth. And no, Trump can’t and isn’t dumb enough to start seizing assets of another country. If you think he can and he is, you’re wrong and it is further evidence that you’re just whipping yourself up into crazy land.
- KaiserPro 1mo ago
  Yes iran is a murderous regime, but thats not a get out of jail free for either failing to do logistics, plan for the enemy you face, or failing to properly vet your targets in a war of choice. > And no, Trump can’t and isn’t dumb enough to start seizing assets of another country. I mean Maduro would like a word. He literally kidnapped a world leader to gain access to a country's oil system. Then there is the agitation, visits and posturing to invade an ally's fucking land. Its not that difficult to imagine trump confiscating "foreign gold" to even up the "trade deficit". There are no effective controls on trump's actions. > completely ruin the credibility of its financial system Besent is doing a good job ruining that trying to shout at the bond market, and pissing about with the Yen. Then there is the attempts to yeet parts of the Fed it's self.
  - ericmay 1mo ago
    > Yes iran is a murderous regime, but thats not a get out of jail free for either failing to do logistics, plan for the enemy you face, or failing to properly vet your targets in a war of choice. Sure, but it’s brought up as though the US is going around arbitrarily bombing children and schools and it’s simply false. In wars, mistakes happen. In the case of the US it was a mistake and we owned up to it on someways (we should do more, IMO) but Iran is doing much worse and we should focus on that primarily. I didn’t bring Iran up here, someone else did, so I can only respond to their characterizations by informing them how they are incorrect. > I mean Maduro would like a word. He literally kidnapped a world leader to gain access to a country's oil system. He’s a criminal destroyed the Venezuelan economy, and the results of his and Hugo Chavez’s policies resulted in an exodus of around 1/3rd of the Venezuelan population. Our actions were good there and will be good in the long term. Plus he was helping Russia evade American and European sanctions. That alone is good enough justification to arrest him. > Then there is the agitation, visits and posturing to invade an ally's fucking land. Its not that difficult to imagine trump confiscating "foreign gold" to even up the "trade deficit". There are no effective controls on trump's actions. We would lose far more than a whatever the Dutch gold is worth and it’s also an insignificant amount of money so there’s no reason for that to happen. You’re whipping yourself up into psychosis around Donald Trump which is clouding your judgment. > Besent is doing a good job ruining that trying to shout at the bond market, and pissing about with the Yen. Read more about European bonds then. If this is your criticism it applies more to France, UK, &c.