It emerged this week that the Dutch government has moved a large chunk of its gold reserves from the United States to the Bank of England. Some 86 tons were shipped out of North America between March and August. Central bankers are generally dull in their language, and the Dutch are no exception.
“Combining the processes of buying and selling and physical transport has allowed us to spread the risks associated with such a complex physical gold relocation,” they announced.
Real journalism.Trusted by millions.
Unlimited access to in-depth reporting, expert analysis, and the stories that shape our country.
Subscribe Now
Already a member? Log in
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.