HN

Comments (87)

• nfrankel
  Fun fact, France did exactly the same earlier this year (though the trend has been there for decades).[1] https://en.wikipedia.org/wiki/Gold_repatriation#France
• roromainmain
  Considering the Netherlands’ strategic ties with the US, this sounds like quite a bold move. France doing so was one thing, but the Dutchs have always been rather Atlanticists.
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  andsoitis
  > “A more equal spread of the gold supply between North America, the United Kingdom, and the U.S. also helps to spread the risk.”They’re not exiting all the gold held in North America; instead they’re rebalancing so that for more resilience against a backdrop of increased geopolitical risk.
• adolph
  Another interesting aspect to this story is the flow of value from US Treasuries to gold. Total gold held by central banks globally was valued at approximately $4tr at the start of 2026, surpassing, for the first time, the roughly $3.9tr in US Treasuries held by the same institutions. This marked a reordering of reserve asset preferences with significant long-term implications. [0] 0. https://www.investing.com/analysis/why-central-banks-are-bri...
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  jmclnx
  This shows how much trust in the US has declined due to Trump. Netherlands is not the only or first country to do this, other countries have started this too.
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  kaon_2
  It may be quirky for Americans to hear this, but one pivotal moment when it truly dawned on the average european citizen how corrupt the US has become, was when Trump phoned Infantino to drop a red card during the world cup. Blatant corruption for zero gain that even the Putin's and Xi Jin Pings never attempted. Any toddler could see how wrong it was and it was felt deeply in many hearts.Needless to say trust is close to 0% throughout the population - even the right wing populists distance themselves from Trump - and this is the consequence. I fear we are heading into dangerous times.
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  josefritzishere
  Is this to prevent the Orange man from stealing it? What do they imagine the risk is?
• dododore
  [dead]
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  expedition32
  Dutch gold reserve is only 50 billion which wouldn't even be enough to run the country for half a year. Other than the symbolical value it's pocket change.
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  maxdo
  Just in time before major European continental war begin. Strategic move.For the context : German airport was officially attacked by Russia . And that’s only one of many incidents. UK is on the radar of official Russian hawks for a very long time