germany makes sense, but italy actually owns gold? since when? 🤨

by snokegsxr

33 comments
  1. the third largest after the US and Germany. Before France and Russia.

  2. Probably because the Banca d’Italia doesn’t 100% trust the government (neither past current or future) to go haywire and send the country into massive inflation via stupid decision. The value of gold is less influenced by local/regional instability than hard currency or financial assets.

  3. I don‘t know how smart it is to ask Trump for our gold. Better he doesn‘t find out about it at all

  4. Well well well. So that’s where our missing gold went.

    **LUIGIIIIIII!!!!!!!!!!!!!!!**

  5. Ah, we have ours in Portugal, if you need someone to store it we have enough space for another 500 tonnes, approx.

    But don’t listen to brazilians…

  6. Did someone say gold?

    ![gif](giphy|kC5g9I2PQCWRLoikl0|downsized)

  7. You should trust us with it instead, we are reliable I promise.

    We are the ones refining it anyways.

  8. I can’t tell why, but it feels like I’m having a stroke when I try to understand that headline.

    Do Germany and Italy ask the US for gold or wtf is going on?

  9. The Swedish central bank sold off gold instead.

    Also bought bonds to keep interest rates low.

    ..

  10. The Bank of England hasn’t lost a single ingot.

  11. It’s happening boys

    ![gif](giphy|UFqYa2OXZGPQKuvFsv)

  12. Yeah bring that juicy shiny metal back and hide it in the gran sasso.

  13. No of course we don’t own a disgustingly large amount of gold in our central bank, we’re just poor PIGS! Look at those evil swiss gold haha…amirite haha…Plz gib money eu

  14. Its actually all venetian gold sacked from Costantinople

  15. Spain found a much smarter and safer solution – they are storing ~~Peru’s and Bolivia’s~~ their silver on the ground of the Atlantic 💪

  16. Since when? Since thousands of slaves stripped Hispania bare of its gold 2000 years ago.

  17. Can we leave it with the strange Mountainpeople or do they require us to do a genocide first? (Not that we would mind)

  18. Everyone know the only place to keep the gold safe is a neutral country

  19. Every ten years or so, Germany talks about getting the gold home and then US says no and Germany says ok nothing we can do about it.

    But it’s our gold, I swear, even though we’re not even allowed to inspect it and check if it’s still there.

  20. Most countries have part of their gold reserve stored in a foreign country, usually overseas. This is not so much for internal reasons but in case of war or a natural disaster. It is a good idea to have your resources not in 1 place (btw, this also applies to people).

    Most, if not all, Western European countries have part of their reserve stored in the USA. With the current political climate many countries are reviewing their stock and returning part back to Europe.

    Note: This is their own gold and it is just collecting dust in the New York Federal Reserve (yes, the same as Die Hard 3)

  21. ***It’s coming home!***

    Am I doing it right, Barry?

  22. Yeah sure, because it worked so well the last time Pierre asked for his gold back…

  23. After Britain left the gold standard in 1931 foreign governments rushed to withdraw the gold they had stored in New York as everyone thought America would be next. In the end they merely devalued against gold.

  24. Is all Italy’s gold in the form of pinky rings and gaudy necklaces?

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