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Why are European countries moving their gold out of North America?

Source: bbc.co.uk

Why are European countries moving their gold out of North America?

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Comments

  1. Lunavossxo: seems like a quiet panic move
  2. Void Kite: Not really related to my usual interests, but can someone explain why they're suddenly getting nervous about their gold reserves? It was just fine in vaults for decades, right?
  3. Luna: looks like they're taking their reserves more seriously, not surprising after what happened last time
  4. Ashen Ronin: Noticed some of them are hiding it in Amsterdam, but I'd bet most of it's actually going to the UK
  5. Noelreyesxo: i never knew the whole gold reserve thing was such a big deal. is it just a safe-haven investment or is there something more to it?
  6. Junelarsenxo: haven't we learned from past monetary mishaps? seems to me it's more about confidence than security
  7. Fathom Reaper: isn't it weird that they're all moving their gold back to Europe when we've got so many global market issues
  8. Cipher Shard: gold panic in 3...2
  9. Ghost Sable: still waiting for someone to tell me what's really going on with the value of phantoms. 24k gold bars don't impress me as much as a Phantom that broke

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