Dutch bank moves $11.6B of gold bullion out of the US, Canada to London — and it's not the first time. Are you ready?

The Dutch central bank has moved roughly $11.6 billion worth of gold (1) out of the United States and Canada as "increasing geopolitical unrest" pushes another European country to strengthen its "crisis preparedness."
Axios on MSN

Why the Dutch are moving gold out of the US

Data: World Gold Council; Chart: Emily Peck/Axios The Dutch central bank said this week that it was shifting about 86 tonnes of gold bars out of New York and Canada and moving them closer to home. Why it matters: Countries are rethinking where they stash their gold reserves,

Dutch Treat? The Netherlands Moves Gold Out of U.S. As Global Risks Rise

The Dutch central bank, citing the potential for a “crisis situation”, has moved some of its gold from New York to London.
Al Jazeera on MSN

Why has the Netherlands moved $10bn of its gold from the US?

The Netherlands has $83.7bn worth of gold in domestic and foreign reserves.

Europe is rethinking where it keeps its gold

The Netherlands and France have shifted gold reserves as geopolitical tensions put new focus on where Europe keeps its bullion.

As US Treasury intervened in the bond market, the Netherlands rushed 86 tons of gold out of America because of geopolitical unrest

The move to improve liquidity of gold is “not normal behavior,” said UBS’s Paul Donovan.

Trump To Hit Campaign Trail, Netherlands Pulls Gold From US, Gloria Steinem Dead: The Bulletin, Sept. 3

President Donald Trump is vowing to hit the campaign trail for Republicans as the party faces a competitive battle to maintain control of Congress in the