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A comment on Gold is now the top U.S. export. Parent comment

Re:Gold is now the top U.S. export by actionfromafar on Saturday October 17, 2026 @06:00PM (#50135565)
Selling it in place neatly sidesteps suspicion about how secure the NY gold really is and if it's all really still there, too.
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Re:Gold is now the top U.S. export by eternauta3k on Sunday October 18, 2026 @01:22AM (#50138138)
If this suspicion existed then you'd see a spread between (gold price in the US) and (gold price outside the US)
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Re:Gold is now the top U.S. export by koliber on Sunday October 18, 2026 @07:40AM (#50140166)
When Trump screwed with the tariffs we saw exactly that. Arbitrarily messing with tariffs is one of the risks that causes people to think keeping gold in the US is not entirely safe.
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Re:Gold is now the top U.S. export by actionfromafar on Sunday October 18, 2026 @08:43AM (#50140611)
Not necessarily. If relations are good, people are willing to look the other way a lot.
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Re:Gold is now the top U.S. export by cowlevel on Sunday October 18, 2026 @09:00AM (#50140724)
Either way, you aren't left holding the bag, you're giving the bag to speculators.
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