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To: delta7

“ According to a 2023 Invesco survey, a “substantial percentage” of central banks expressed concern about how the U.S. and its allies froze nearly half of Russia’s $650 billion gold and forex reserves. One anonymous central banker told Invesco that his country quietly repatriated its gold from London, and some 68% of the banks surveyed said they are keeping their gold reserve within their country’s borders—up from 50% in 2020.”
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Why would any RATIONAL sovereign nation entrust any portion of its gold or other monetary reserves to a nation (e.g., UK, USA) that freezes and/or seizes the reserves of other nations?

Why would any rational nation NOT be planning on repatriating its reserves from such GIBS-ME-DAT-GOLD thieving nation?


16 posted on 03/02/2024 2:28:40 PM PST by House Atreides (I’m now ULTRA-MAGA. -PRO-MAX)
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To: House Atreides

Because fort Knox is more safe than third world countries.


18 posted on 03/02/2024 2:35:35 PM PST by Bobbyvotes (I will be voting for Trump/whoever in November. If he lgovernir oses, country is finished.)
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