If there is ever a conflict, US will seize assets of whatever country it is fighting with.

> If there is ever a conflict, US will seize assets of whatever country..

Canadians, and the rest of the world is finding out that you don't even need a conflict for US to lay claim over your stuff. "We want it", is perfectly legitimate and legal reason for the taking.

Sure, and you can replace US with almost any country in that sentence. The problem right now is there's a feeling that even decades-old alliances are no longer something you can count on when you're talking about the US.

it gets easier to understand if you adopt the anti-imperialist position, these are vassal states, the us hold incredible influence over them. Gold reserves are just one of thousands of levers at their disposal, if some european nation has a revolution and seeks to assert their sovereignty then the US has a lever to pull. The point to question is the existence of the lever in the first place, the US doesnt have gold in any other country, china or iran doesn't put gold in the US because it gives the US this lever. Thats one of the mechanisms of imperialism, it means if some "western-aligned" (people dont like the word vassal) nation acts in their own interests against the US the US can pull that lever. Why would any nation ever place such a lever in the hand of the US? It's the same exact mechanism why many african nations have the french CFA currency, it gives french the lever to pull its a remanent of colonialism in the case of france.