this post was submitted on 24 Jan 2026
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Shift in relations and unpredictability of Donald Trump make it ‘risky to store so much gold in the US’, say experts

Germany is facing calls to withdraw its billions of euros’ worth of gold from US vaults, spurred on by the shift in transatlantic relations and the unpredictability of Donald Trump.

Germany holds the world’s second biggest national gold reserves after the US, of which approximately €164bn (£122bn) worth – 1,236 tonnes – is stored in New York.

Emanuel Mönch, a leading economist and former head of research at Germany’s federal bank, the Bundesbank, called for the gold to be brought home, saying it was too “risky” for it to be kept in the US under the current administration.

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[–] D_C@sh.itjust.works 3 points 1 day ago (1 children)
[–] Monument@lemmy.sdf.org 6 points 1 day ago (1 children)

You don’t even have to reference an article from a year ands half ago.

He literally suggested last week that he would cancel the midterms.

[–] D_C@sh.itjust.works 2 points 1 day ago

It shows intent from all the way back then.