Interesting. Fears in the early 1970s that US gold reserves were at risk lead to the end of the gold window and collapse of the Bretton Woods fixed exchange rate system. A former head of research at the Bundesbank advocates a 1960s Gaullist turn in Germany. www.theguardian.com/world/2026/j...

‘Repatriate the gold’: German economists advise withdrawal from US vaultsShift in relations and unpredictability of Donald Trump make it ‘risky to store so much gold in the US’, say expertswww.theguardian.comAndrew Leyshon

'Flight to quality', volume 42. giftarticle.ft.com/giftarticle/...