21 pointsby Jimmc414an hour ago4 comments
  • jurmous2 minutes ago
    Location Before After Change

    New York 31.3% 18.5% −12.8 pp

    Ottawa 19.7% 18.5% −1.2 pp

    London 18.1% 32.1% +14.0 pp

    Zeist 30.8% 30.8% 0 pp

    Seems it is mostly because there was less trust in the USA, and added a little bit from Canada to make it less obvious.

  • tristanj35 minutes ago
    The American Service-Members' Protection Act of 2002, also known as the "Hague Invasion Act", gives the President of the U.S. legal authority to invade the Netherlands to free detained U.S. service members imprisoned by the International Criminal Court.

    https://en.wikipedia.org/wiki/American_Service-Members%27_Pr...

    • leoh12 minutes ago
      I feel dumb but how is this related?
  • applfanboysbgon34 minutes 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.
    • bspammer28 minutes ago
      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.
      • mullingitover5 minutes ago
        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.

    • c23gooey3 minutes ago
      all of human civilisation =/= the USA
    • wanderingpixel4 minutes ago
      not human civilization, just the United States.
  • matheusmoreira44 minutes ago
    It's honestly quite impressive that it took them this long to do this.
    • riffraff34 minutes ago
      Italy is the third country with the largest gold reserves since the 50s or so, and most of their gold is in the US.

      The idea of repatriating it comes up from time to time, but the truth is that it's s logistical and diplomatic trouble with little positive outcomes.

      • grebc24 minutes ago
        I don't think the US is a serious position to argue diplomatic issues atm.

        I'd vote for it if I was Italian.

    • anotherhue35 minutes ago
      > The operation took place between March and August of this year, it said.
    • chvid37 minutes ago
      You can also ask why they move it to London and not mainland Europe.
      • MiroslavPokorny9 minutes ago
        England has not been invaded in nearly 1000 years.
    • eqvinox39 minutes ago
      These systems AIUI have huge amounts of inertia, by design.