this post was submitted on 02 Sep 2026
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The transfer was carried out partially by buying and selling and partly by physically transferring gold, the Dutch national bank said.

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[–] Gammelfisch@lemmy.world 10 points 7 hours ago

Germany should do the same.

[–] LazyOldPervert@lemmus.org 5 points 6 hours ago

Take me with

[–] kreskin@lemmy.world 7 points 8 hours ago
[–] khepri@lemmy.world 24 points 12 hours ago (2 children)

Lol, they're scared it won't be there later if Trump gets desperate.

[–] Tango@piefed.ca 14 points 12 hours ago* (last edited 8 hours ago)

Desperate or vindictive. There was a recent debate over whether the EU should use the money in the Russian accounts it suspended to bankroll Ukraine, because Russia owes Ukraine reparations. One of the reasons that might not be a good idea is that a lot of EU money is in the USA, and with Trump it's monkey see, monkey do. Except for "the EU should" read "the USA should", for "Russian accounts" read "EU accounts", for "bankroll Ukraine" read "line Trump's pockets", and for "because Russia owes Ukraine reparations" read "because Trump likes money".

[–] Snowies@lemmy.zip 8 points 10 hours ago* (last edited 10 hours ago) (1 children)

Smart move.

As an aside, this does not bode well for us hanging onto the dollar as the world reserve currency through 2028 and beyond.

[–] Tango@piefed.ca 3 points 9 hours ago* (last edited 9 hours ago)
[–] DarkFuture@lemmy.world 13 points 12 hours ago (3 children)

As an American, I always thought winning would look different.

[–] osanna@lemmy.vg 1 points 4 hours ago

are you tired of the winning yet?

[–] kreskin@lemmy.world 5 points 8 hours ago* (last edited 8 hours ago)

If you are above the 1% in wealth in the US, these are the best times for you in American history. Measurably much better than the gilded age.

We're almost coming to parity with medieval pre revolution France.

  • A wildly unequal treatment by the justice system
  • The will of the public is not represented in what government does.
  • Massive national (public) debt
  • Disconnected leaders vs frustrated starving peasants who feel they have no future.
  • Profligate royal spending
  • A huge wealth gap across society
  • Increasingly poor treatment of the peasantry by the wealthy driving a breakdown of societal trust
  • regressive Taxation focussed on lower class paying for everything
  • Useless foreign wars that serve no national interest.

Its all pretty much spot on. All we lack is someone with the formal title "king", a few droughts and extreme weather, and a run of bankruptcies and we are all the way there, or even past the french situation.

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[–] BlindPenguin@lemmy.world 8 points 13 hours ago
[–] melsaskca@lemmy.ca 12 points 18 hours ago

"Shit. That gold was earmarked for the ballroom plumbing! We can never have a nice ballroom now!" /s

[–] Treczoks@lemmy.world 15 points 19 hours ago (1 children)

I hope they tested the gold bars for e.g. tungsten rods.

And i hope our national bank gets smart enough to follow that move.

[–] anarchy79@lemmy.world 10 points 17 hours ago (2 children)

Here are your 50 tons of depleted uranium bars.

[–] Treczoks@lemmy.world 5 points 15 hours ago (1 children)

They do have a nice and close weight, but their radioactivity gives them away.

Tungsten has a density of 19.25g/cm3. Compared to Gold with 19.32g/cm3, they are rather close. Uranium is a little less dense at 19.16g/cm3.

[–] HeyThisIsntTheYMCA@lemmy.world 4 points 14 hours ago (2 children)

idk, i'd rather have the tungsten than the gold

[–] anarchy79@lemmy.world 3 points 14 hours ago (1 children)

WTF! We can do that? Just post gifs on the internet?!

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[–] FreddiesLantern@leminal.space 14 points 19 hours ago (3 children)

Good move, I wouldn't be surprised if the tangerine douchebag is using gold from the vault to play Scrooge Mcduck.

[–] foggianism@lemmy.world 2 points 12 hours ago

You flipped his initials - TD

[–] BorgDrone@feddit.nl 7 points 17 hours ago* (last edited 16 hours ago) (2 children)

I wish he did. Let him dive from a high board onto a pile of gold coins. It would be like diving onto concrete. No way he’d survive.

[–] FreddiesLantern@leminal.space 8 points 16 hours ago

"People say I dive like no one has dived in the history of diving. Right into a tremendous pile of golden...👐gold. I'll be surrounded by the gold. Amazing if I say so myself. It's like a bath. A large gigantic bath of gold.

A golden shower is what I'm getting at. 👐"

[–] Thebeardedsinglemalt@lemmy.world 7 points 17 hours ago

We're not lucky enough

[–] 1Fuji2Taka3Nasubi@piefed.zip 7 points 17 hours ago (2 children)

Does this count as an import to the UK and do/can they tariff it?

[–] Knock_Knock_Lemmy_In@lemmy.world 6 points 11 hours ago

The gold is a financial instrument and not a purchased commercial product being imported for consumption, so it is not subject to import duties or tax.

[–] anarchy79@lemmy.world 17 points 17 hours ago

They're banks, ofc they have some convoluted financial trick not to pay.

[–] Doorbook@lemmy.world 17 points 21 hours ago (1 children)

If they can kidnap another country leader, and the entire alliance says nothing, you know they will say nothing of the US did the same to Canada.

[–] plyth@feddit.org 2 points 12 hours ago (1 children)

But they wouldn't, because of the implication.

[–] furbuck@lemmy.zip 2 points 12 hours ago

Are you going to hurt those countries?

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