https://www.moneymetals.com/news/2024/07/01/nigeria-plans-to-bring-gold-reserves-home-to-minimize-risk-003290
The gold repatriation trend started long before the West slapped sanctions on Russia. In 2019, Poland brought home 100 tons of gold. Hungary and Romania also repatriated some of their gold reserves around that same time. In the summer of 2017, Germany completed a project returning roughly half of its gold reserves back inside its borders. In 2015, Australia launched efforts to bring half of its reserves home. The Netherlands and Belgium have also initiated repatriation programs.
Hmmmmmmmm.. Australia applied to return home half of our gold reserves, nearly ten years ago? I wonder what happened to their email, as perhaps it was 'accidentally' sent to the junk folder?
It would be a good promo for the Aussie goldies if it was publicly known that Australia was seeking to return its gold, due to 'sovereign risks'.
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