
This year, two of America's oldest allies quietly took their gold out of the United States. France went first and emptied its New York holdings entirely. The Netherlands went second, moving 86 tonnes. Both governments gave the same answer: it's not you, it's me. Paris said the bars were old. Amsterdam said it wanted to be ready for a crisis. Both made a point of adding that the move was not political. Governments do not describe a technical upgrade as "not political" unless somebody has asked the question. Roughly 215 tonnes left American custody this year, and only 27 of them ever went anywhere. The rest changed hands without a single vault door opening. That detail is the whole story, and it explains why no finance minister on earth will say the real reason out loud. Learn to invest alongside the top minds in commodities. Join The Commodity University today. CLICK: https://join.thecommodityuniversity.com/ Sign up for my free weekly newsletter at https://2ly.link/211gx Be part of our online investment community: https://vricmedia.com https://twitter.com/JayMartinBC https://www.instagram.com/jaymartinbc https://www.facebook.com/TheJayMartinShow https://www.linkedin.com/company/cambridge-house-international Citations: https://rentry.co/jms-gold-leaving-america-sources 0:00 Two Allies Take Their Gold Home 2:04 What a Country's Reserves Actually Are 3:40 A Treasury Is an IOU 5:28 The Promise Nixon Broke 7:44 Gold Overtakes Treasuries 9:57 Owning It and Having It 10:35 Why the Gold Is in New York 12:29 The Day Russia's Money Was Switched Off 14:23 What France and the Netherlands Really Did 16:08 Germany Ran the Test 17:27 2013 Versus Today 20:04 Why Nobody Says It Out Loud 21:43 Read the Movements, Not the Statements 22:28 The Snapshot Mistake 24:13 The Honest Limit: London 25:01 It Changes on the Margin Copyright © 2026 Cambridge House International Inc. All rights reserved.
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