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[1] https://en.wikipedia.org/wiki/Gold_repatriation#France
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.
It's also the idiotic thing about gold, a metal that has no more or less inherent monetary value than a fiat currency =)
https://www.macrotrends.net/1335/dollar-vs-gold-comparison-l...
Fact is, it was not a issue before, because of trust.
"for more resilience against a backdrop of increased geopolitical risk." is just nice wording for "Trump is burning down all bridges".
It is more multifaceted than that. To wit: they're leaving a substantial amount still in North America.
America's actions is a big part of it, but it isn't the only reason.
They've previously stated to be far more worried about the dependency on VISA and MasterCard than the gold reserves in the US.
https://nos.nl/artikel/2560460-dnb-maakt-zich-zorgen-over-am...
I will not get better until they are removed.
It is not in their interest to save the federal government, US dollar, or the economy.
They are all BRIICS backed and want the dollar and trans atlanticism, backed by the US military, to fail.
All elected and supported, especially AFTER how he and his supports lead the so many extra deaths in covid. I know your media does not bring facts but truth is out there.
That much should be self-evident.
He opened the door, and I find it very, very unlikely that either side will close it after this. Dems and Reps will both use this to take control in ways that would have been unthinkable prior to Trump's first election. The only way to restore any measure of that trust would be to pass laws that prevent this kind of abuse, and there's no way that politicians will give up power they've gained.
On the other hand, a right-wing Supreme Court may try to block any reforms that check the Executive. The Legislature's ultimate oversight power of the Exec is impeachment, and they have decided that no amount of corruption or crime or destruction should be checked as long as it "feels right".
None of this should be a surprise to you if you've ever watched Fox News and derivatives; propaganda so on the nose it would make a nazi blush.
Trump can bomb cities in Europe and we would trade with the US. I doubt we will ever fully separate from the US.
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.
Surely you mean couldn't care less.
Could they?
The point is that it's so blatant for such little gain, it's still a game. I.e. if he is willing to do that so openly for such low stakes, imagine what he does behind closed doors when it matters.
FIFA, a largely European organization created by Europeans for a sport that Americans barely care about and in the center of multiple corruption scandals and controversies over the last few decades and you're really going to sit here and try to tell others that the real wakeup call was when Trump made a phone call to ask that a star player who by many respects shouldn't have received a red card over at best a technicality in the first place be reinstated for the good of sport and competition...?
And you're also going to claim that this "level of corruption" is something Vladimir Putin or Xi Jingping and their corrupt authoritarian regimes would never dream of attempting?
I guess Donald Trump's phone call was the real last straw, and something like, idk, 6,500 migrant workers in Qatar dying to construct World Cup facilities is just another day at the anti-corruption office? [1]
I'm going to assume you're being sarcastic...
[1] https://www.theguardian.com/global-development/2021/feb/23/r...
It's astounding that European governments would never do corrupt things. Totally never. And if they did, sorry they only draw the line at influencing FIFA.
FIFA was corrupt. Infantino took it on another level, making it massively more corrupt then before. Then he created a peace price which combined corruption with astonishing lack of self respect and mockery.
And then Trump called over the red card, which contrasted with everything before as yes another never seen before level of corruption.
But second, FIFA is not an European institution. It is worldwide org and non European members are large contributors to the corruption. The middle east and afrikan members do like it corrupt, it suits their political goals.
> And you're also going to claim that this "level of corruption" is something Vladimir Putin or Xi Jingping and their corrupt authoritarian regimes would never dream of attempting?
Honestly, it even seems so. Trying to directly influence a soccer match, publically changing rules while not even understanding them is a new level.
Moreover, there is no reason to think Trump is less corrupt then Putin or Xi. If anything, he is equally or more corrupt.
There are things worthwhile criticizing folks for. Donald Trump is corrupt. So is FIFA. So are numerous European countries and organizations. But equating Trump making this phone call to "some unheard level that Xi Jingping and Vladimir Putin wouldn't dream of attempting" is absolutely absurd sensationalism that is, frankly, anti-intellectual, dishonest, and only serves to instigate flame wars and other such nonsense.
orange man bad
It is so important, that many countries make it illegal to hide international football matches behind paywalls, specifically.
It is so important, that there are articles written about its importance on EU institutes websites. For example, this one reflects on Footballs importance in relation to the First, Second and Cold wars. https://www.iss.europa.eu/publications/alerts/european-footb...
To see Trump so flagrantly manipulate it sends a cultural signal that is hard for those outside of Europe to see, and that by some can be seen as the cultural equivalent of the political threats Trump has made against NATO.
At this point, your average European Trump supporter/right wing populist needs only reminding of Trumps interference to get a complete positional change - that's how bad it is.
Sports is peak diversion from real issues, Whether Europe, US or India and so on. The countries can go to hell, people can drown in endless real problems. But if people can be smothered with sport entertainment so they ignore real things whats better than that.
In India whole country can become absolute crap. Worst on any social, economic indicator but as long free cricket broadcast is on TV and mobile, life is good.
But yeah, people got upset...
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
Russia has been weird for a long time, they are doing sub-threshold-of-war attacks for a while now.
But the USA? Outright threatening allies, talking about annexing some of them, making more threats against other allies who make moves to defend those allies? And he's got a known love for gold, started wars without bothering to inform allies he's now trying to punish for failing to provide help that he told them he didn't even want.
This is nothing new for anybody interested in the topic, its all very open and public (which is kind of the point I guess to manipulate public perception too). Every single secret service know this as 101 reality. In same way ie war in Ukraine started in 2014 in all measurable ways, not 2022.
US part... well its painful to watch, especially the incompetence or elephant-in-porcelain-shop part, of a shop that took many decades to build. But its good long term for Europe and rest of west - we became uber weak and over-reliant on US bases, their tech and power projection, and even if its 2026, influence not backed by real power means very little in actual world out there. Be provably strong or vanish seems to be mantra. Its smart to adapt to reality rather than expect the world to rearrange itself to some idealistic wishful thinking, however nice it may feel and however well it may have worked during easy peaceful times.
There's issues with defending the east flank. Namely, without taking full control of the Baltic Sea, Baltic States and Finland will run out of provisions in weeks.
You can buy incendiary armor piercing bullets that could take one down for $5, but strangely they've been utilized for decades.
Finland will run out of provisions in a weeks? How so? Will Russia control their western border?
When Russia wants to directly attack NATO they'll likely do exactly what the US/EU is doing and simply arm e.g. Iran/Houthis/etc with weapons/locations, let them push the button, and then go all Slava Allah or whatever while Russia is like 'oh we're not involved in this conflict you have with Iran.' Great precedent that's been set.
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That said I do expect Russia is likely involved in at least some of the incidents of weapons factories and other things that have been going boom, but it's always going to be done with plausible deniability - sleeper agents with no direct ties to Russia, and the like. They're not going to just start bombing planes in airports with drones.
But since I've been brainwashed by propaganda, perhaps you can enlighten me on what benefits you believe Russia would see for themselves in deciding to directly attack a NATO country in a way that would lack any plausible deniability. In particular you need to come up with some sort of argument here for how they might see this as viably resulting in an improved positioning for themselves.
No, it wasn't.
> That said I do expect Russia is likely involved in at least some of the incidents of weapons factories
They're involved in all of them.
> sleeper agents with no direct ties to Russia
This isn't a movie. They pay criminals to do criminal activity. They're not utilizing "sleeper agents" to burn down a building.
>When Russia wants to directly attack NATO they'll likely do exactly what the US/EU is doing and simply arm e.g. Iran/Houthis/etc with weapons/locations, let them push the button, and then go all Slava Allah or whatever while Russia is like 'oh we're not involved in this conflict you have with Iran.' Great precedent that's been set.
What does this even mean? Are you equating Ukraine with Iran and the Houthis?
Comparing that German airport "attack" by Russia to the 9/11 attack by Mr. bin Laden - would you say that all gold reserves should have been moved out of the USA back in 2001?
If a shooting war breaks out beween the US and the Bond Market, the gold isnt safe anywhere.
So high in fact that the operation malfunctioned. Precisely what a false flag would do.
The US indeed would like to expand the Ukrainian proxy war to the Baltics so it can carry out its own plans of getting various oil rich countries.
All that these stupid politics accomplish is that the AfD will have 35% in the next elections so Germany can enjoy Trump-like corruption and the industry can exploit people even more. At this point one wonders if the CDU is in on it and the AfD is secretly already part of the uniparty, public theater of forbidding the AfD notwithstanding.
> The US indeed would like to expand the Ukrainian proxy war to the Baltics so it can carry out its own plans of getting various oil rich countries.
What "oil rich" Baltic states are you referring to? Is the US going to takeover Norway?
Parts can be obtained from Russia by Russian speaking Ukrainians that are indistinguishable from Russians.
You are making up "oil rich" Baltic states. The comment said "various oil rich states", i.e. Iran and Venzuela.
I assume you volunteer for the front?