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applfanboysbgon 19 hours 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 19 hours ago | parent | next [-]

They’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 19 hours ago | parent [-]

They 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 19 hours ago | parent [-]

What building in Ottawa has 15 billion dollars of Dutch gold in it ?

camkego 16 hours ago | parent | next [-]

The 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.

theGeatZhopa 16 hours ago | parent | prev | next [-]

I also would like to know. GPS location anyone? I'm asking for a friend

mi_lk 18 hours ago | parent | prev [-]

Yes policeman right here

c23gooey 19 hours ago | parent | prev | next [-]

all of human civilisation =/= the USA

maplethorpe 17 hours ago | parent | next [-]

Yes, things are really great everywhere else.

applfanboysbgon 19 hours ago | parent | prev [-]

I 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.

wanderingpixel 19 hours ago | parent | prev [-]

not human civilization, just the United States.