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Country Union of Turtle Island Socialist Republics
  • 11 Posts
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Joined 3 years ago
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Cake day: June 27th, 2023

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  • The Banque de France sold 129 tonnes of gold between July 2025 and January 2026, about 5 percent of its total reserves, which had been held in the Federal Reserve Bank of New York.

    Rather than refining and transporting the old stock, the bank purchased an equivalent amount of new, compliant gold in Europe, which now sits in Paris alongside the rest of France’s reserves.

    The overall size of France’s gold reserve, around 2,437 tons, remains the same.

    The upgrade involved replacing older, non-standard gold bars with modern ones that meet international rules for weight, purity, and certification, making them easier to trade globally.

    So the gold—if it exists at all—wasn’t moved, but instead the Federal Reserve printed an equivalent amount of USD which France then spent on actually-existing gold in Europe?












  • I try to link it back lest people think the Epstein affair (or Trump) was/is an exception rather than the rule.

    Previously:

    Everyone involved should get investigated and tried for any and all crimes.

    Indeed they should, but they won’t, because they’re above the law. They shouldn’t be above the law, but they objectively are. What you’re seeing isn’t some rare exception, it’s a peek behind the curtain of how the United States is actually run, and it’s nothing like how it’s supposed to work on paper.

    Previously:

    This is what’s so great about Trump: instead of quietly putting coercive pressure on media outlets from behind the scenes, like any normal Republican or Democrat, he shouts it on Trump Social. He doesn’t care that he’s not supposed to show us how the sausage is made.