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- Hacker News
- 86 tonnes worth of gold is about $12.25 billion, or approximately what Nvidia paid for HuggingFace.
- There has been voices in Germany to do the same. I assume they just need longer for the planning and/or coordinate their effort so not not everybody does it the same time, to avoid another tantrum from that orange grumpy man.
That's of course also why a little bit was taken out of Canada.
by bulbar - Why did you modify the title to not include Canada?
According to the HN guidelines:
"Otherwise please use the original title, unless it is misleading or linkbait; don't editorialize."
by inventor7777 - 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.
by jurmous - Earlier this year France has pull out their last remaining gold held in US amounting to 129 tonnes moved to Paris [1].
[1] France pulls last gold held in US (361 comments):
by teleforce - 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...
by tristanj - If you’re inclined to wear a tinfoil hat: Germany had a really hard time repatriating their own gold (hmm) from the US, with the Americans reportedly putting every possible obstacle in their way to slow them down.
Even inspecting the gold to see it was there was apparently too much: https://www.spiegel.de/international/germany/german-politici... with inspections first being refused, then being allowed only to see the entrance to the safe, then only allowed to see one of nine rooms containing the gold, and to look at a small few, but not all gold bars.
I’m sure there’s a perfectly innocent explanation.
by rich_sasha - 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.