alt Hacker NewsEh I don’t think that’s a good guess. More likely is that there are just mechanical reasons to have moved some (they didn’t move all of it by the way) gold to London. Plus it’s not that much money in the grand scheme of things.
Your implication here is something akin to the Netherlands thinks the US will invade Canada - remember the Dutch moved gold from there too, or that the US will decide to seize the Netherland’s gold (again, not that much money, huge irreparable harm to the US financial system, even Europe hasn’t confiscated Russian assets) but if the US felt compelled to seize Dutch assets what makes you think such a dramatic scenario wouldn’t result in the US compelling the UK to also seize those assets?
> dramatic scenario wouldn’t result in the US compelling the UK to also seize those assets?
The US can demand that we seize other people's gold, but if we acceded then it's game over for our financial industry - London is an important financial centre today but if it's actually just New York but on the far side of the Atlantic who cares?
My guess is that the UK would say "No" and since that's presumably a demand from the Orange Buffoon not somebody sane the next thing would be an order to attack us militarily, which is strikingly dumb in this circumstance. Of course the US can destroy Britain though it might not be as easy in practice as it looks on paper - but the bloodshed would be horrific and all the victims speak English and have Internet access.
Bombing a girl's school in Iran looks like a PR master stroke by comparison.