Germany is facing calls to withdraw its billions of euros’ worth of gold from US vaults, spurred on by the shift in transatlantic relations and the unpredictability of Donald Trump.
Germany holds the world’s second biggest national gold reserves after the US, of which approximately €164bn (£122bn) worth – 1,236 tonnes – is stored in New York.
I’m thinking that other countries might rush to withdraw their gold even if Germany get their gold. Because Trump might very well say something on social media about how awful Germany is when they are taking back their gold and that he maybe should stop it. Which could trigger other countries since no one will be the last one with large gold reserves in USA.