sun_is_ra comments on Is Germany's gold safe in New York ?

Is Germany's gold safe in New York ? (www.dw.com)

submitted 7 months ago by rssbot@lemmy.bestiver.se [B] to c/hackernews@lemmy.bestiver.se

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[–] sun_is_ra@sh.itjust.works 3 points 7 months ago (3 children)

The post doesn't explain why didn't they request their gold already. There has to be some benefit in storing it in the US

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[–] Akasazh@lemmy.world 5 points 7 months ago

Moving large amounts of bullion is not easy and carries a significant risk.

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[–] phdepressed@sh.itjust.works 3 points 7 months ago (1 child)

At one point we were more secure and in case your country is invaded or couped the new gov can't as easily take/use "your" money if it's not in the country.

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[–] DragonTypeWyvern@midwest.social 3 points 7 months ago

For example, the Spanish Republic sending their gold reserves to Russia... Wait, hold on

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