The fed is being dismantled in front of our eyes.
Militia's shoot US citizens for documenting their illegal behavior.
Insane
Moving that much gold makes me think that’s a great opportunity for the world’s biggest heist!
When large quantities of gold are actually transported "at once", it usually happens in secret on warships. Maybe military planes would be used nowadays? Who knows. Good luck anyhow.
Also I wonder if the rising gold price would interact with this, though I think this would make the "sell and re-buy" strategy actually more viable, at least if you buy first and then sell.
(well, not really, as it weren't direct gold reserves but gold-backed dollar reserves)
Meanwhile Germany could silently buy gold at home and let the market handle where it comes from.
The more he pushes us away with his deranged tantrums the more independence we are forced to build, it's a win-win really
"We just want to have it for a bit to polish it to ensure it is shiny. It's a requirement of German law under Saftsack gesetz 35.6"
(hook)
We′re all living in Amerika.
Amerika ist wunderbar.
We're all living in Amerika,
Amerika, Amerika.
(verse)
Wenn getanzt wird, will ich führen,
auch wenn ihr euch alleine dreht.
Lasst euch ein wenig kontrollieren.
Ich zeige euch, wie es richtig geht.
Wir bilden einen lieben Reigen,
die Freiheit spielt auf allen Geigen.
Musik kommt aus dem Weißen Haus
und vor Paris steht Micky Maus.
(hook)
We're all living in Amerika.
Amerika ist wunderbar.
We′re all living in Amerika,
Amerika, Amerika.
(verse)
Ich kenne Schritte, die sehr nützen,
und werde euch vor Fehltritt schützen.
Und wer nicht tanzen will am Schluss,
weiß noch nicht, dass er tanzen muss.
Wir bilden einen lieben Reigen,
ich werde euch die Richtung zeigen.
Nach Afrika kommt Santa Claus
und vor Paris steht Micky Maus.
(hook)
We′re all living in Amerika.
Amerika ist wunderbar.
We're all living in Amerika,
Amerika, Amerika.
We′re all living in Amerika.
Coca-Cola, Wonderbra.
We're all living in Amerika,
Amerika, Amerika.
(outro)
This is not a love song.
This is not a love song.
I don′t sing my mother tongue.
No, this is not a love song.
(hook)
We're all living in Amerika.
Amerika ist wunderbar.
We′re all living in Amerika,
Amerika, Amerika.
We're all living in Amerika.
Coca-Cola, sometimes war.
We're all living in Amerika,
Amerika, Amerika.
The result would be catastrophic for the US: worst case would be a domino cash in of American debt.
"The prohibition on gold ownership in the US was relaxed in 1964, and finally rescinded in 1977 when Gerald Ford signed proclamation Pub.L. 93-373."
However, during severe economic recession the US government has Nationalized private gold holdings >1oz in the past. Something like a 35% drop in markets due to a theoretical Magnificent 7 "AI" bubble correction does pose a nonzero risk.
Keep some Popcorn ready, as the price of Gold going any higher is getting weird. =3
Anyway, it's been clear to me that this sort of thing was Trump's plan all along. The goal is massive and permanent reduction in the size of the federal government. If that requires crashing the US ability to borrow more money, and crashing the value of the dollar, that's a price he's willing to make the US pay. US reputation abroad is of absolutely no importance to him; indeed, it's a negative, since a positive reputation allows borrowing that sustains the large federal government he hates.
The lesson for Europe is that depending on the US to defend them was a poisonous mistake, even if a very seductive one.
The gold discussion imho misses the point if it’s reduced to “Trump is unhinged.”
What we just saw at Davos with Greenland reveals the actual pattern: the theatrics are the tool, not the objective. The erratic behavior generates uncertainty, which then gets converted into bargaining leverage.
With Greenland, Trump just demonstrated how this works: maximum escalation (tariff threats against a NATO partner), then “backing down” in exchange for concessions (“total and permanent access”). The result is a structural shift - Europe becomes more dependent on US decisions in the Arctic, not less.
The second-order effect: coercive bargaining within the Western alliance becomes normalized. Once you’ve done this with Denmark, the threshold drops for similar tactics on other issues - tech regulation, China policy, financial infrastructure.
The third-order effect for German gold: the real question isn’t whether Trump is “crazy enough” to freeze gold reserves. The question is what negotiating leverage the mere possibility creates. Even if the probability is 5% - what concessions would Germany make to bring that risk down to 0%? That’s the actual logic: the more everyone believes he might do it, the more he can “sell” not doing it.
The economists aren’t arguing that (or if) confiscation is likely. They’re arguing that the risk is no longer negligible enough to ignore - and that the cost-benefit calculation of storing it there has fundamentally shifted.
He said this in his book The Art of the Deal, released in 1987. It’s been his playbook for all political campaigning and both terms of his presidency. It’s a meme to point this out in certain right leaning circles.
I was frustrated by the lack of awareness about this for awhile. I still am but I understand now that the media is also playing their part and doing their role. It’s absolutely justified - these ridiculous claims and arguments generate clicks, attention, revenue.
It’s something that should be kept in mind by the average voter though, and in social media discussion. Everyone wants you to be emotionally invested. Trump wants you to commit so he can pump fake tou, and the media gets solid quarterly numbers
So, he made the threats. Stocks start going down, bond yields start going up. Perhaps surprising to him there is a unified reaction from EU countries, the trade bazooka is on the table. More rational actors in his entourage/broligachy start to get worried, advising him to find a landing site. Along comes Mark Rutte who offers him a landing site that sounds great, but does not improve much over his starting position, but actually made it worse (there will be non-US NATO arctic troops on Greenland, not just 4 dog sleds or whatever he is always rambling about).
The longer-term damage for the US is much bigger. Tech sovereignty just moved to the top of the EU agendas and companies and government will move away from US tech, to a loss of hundreds of billions of income in the longer term.
Some 4D chess move...
It is a profoundly untrustworthy country.
austin-cheney•1h ago
watwut•1h ago
This is just Germans dealing with end being unavoidable.
tchalla•46m ago
microtonal•29m ago
This is also what at least part of the Americans doesn't get. Europe, Canada, Japan, South Korea, etc. weren't freeloaders, they were doing the bidding of the US in the UN, maintaining the system where the US can print money without limit, etc. All that soft power has been destroyed.
[1] https://en.wikipedia.org/wiki/The_Power_of_the_Powerless
lm28469•46m ago
tock•42m ago