France pulls all gold out of Federal Reserve
Posted by BendicantMias@reddit | anime_titties | View on Reddit | 140 comments
Posted by BendicantMias@reddit | anime_titties | View on Reddit | 140 comments
pnw_cartographer@reddit
I’m supremely disappointed/anime_titties. I thought yall were better than that for new accuracy.
This is what REALLY happened.
France didn't pull all gold out of the US. It SOLD all the gold because it was denied and couldn't "pull out all the gold" so it was forced to sell it.
Then they re-bought the gold from Sweden then had it shipped from Sweden to France.
What does that tell us?!
There IS NO GOLD in the fed reserve vaults. Only PAPER IOU notes and e-gold in bs ETF's.
Canadian_Border_Czar@reddit
Can you source this? Im unfamiliar and there seems to be two conflicting ideas in the comments. People saying this, and people disputing it.
Now I just want to know if it's real lol.
justking1414@reddit
there's been a conspiracy theory for a while that fort knox is basically empty because the us sold/stole the gold ages ago, which is why they've repeatedly refused to be audited
I'm actually a fan of this theory and it's easy to see this as proof, but it might also just be the case that selling the gold was easier and safer than transporting it.
pants_mcgee@reddit
The gold of other countries is in New York and they have had audits.
Fort Knox is just one location the U.S. stores its own gold. Even if it was empty, and there is no real reason to think that it is, the gold would be stolen from the U.S. not other countries.
RandomFactUser@reddit
Also Fort Knox isn’t the Federal Reserve Bank, which probably keeps its most valuable accounts in NYC
pants_mcgee@reddit
The Fed just runs the Federal Reserve Bank NY and that’s where all the foreign gold is, and some U.S. gold. The Fed itself doesn’t own any gold, just runs the bank.
Most of US gold is at Fort Knox and several mints.
2ndRandom8675309@reddit
It came to him in a dream...
You can't demand proof from crazy people. Even if someone let him into the vaults with an xray spectrometer to examine every bar in the end he'd claim someone tampered with the equipment to make it say the bars are gold.
NearABE@reddit
Something like that anyway. Many decades ago (1970s?) there was a public group of citizens brought in to observe. The event was mostly due to switching from coin to bars. It is better for standardization but appalling from a coin collector’s standpoint.
The US silver reserves were ransacked during WWII. That was all used by the Manhattan Project for magnetic isotope separation. Multiple whistleblowers had to be silenced because “trust me bro’ it’s for the war effort” is not well received when you are taking out bags of coin.
nuclearbearclaw@reddit
No they can't source this because that's not what happened. France has been doing this for years, this is nothing new. They did this because it was practical. Redditors just love inventing narratives.
https://www.newsweek.com/france-pulls-all-gold-out-of-us-federal-reserve-11792591?utm_source=chatgpt.com
France’s central bank has emphasized that the move is a practical financial decision rather than a political one.
consolidating its reserves in Paris and upgrading to modern-standard bars, France has made its gold safer to manage and easier to sell or trade internationally. The sale also demonstrates how central banks can capitalize on favorable market conditions and generate substantial profits.
What To Know
The Banque de France sold 129 tonnes of gold between July 2025 and January 2026, about 5 percent of its total reserves, which had been held in the Federal Reserve Bank of New York.
mountain-mahogany@reddit
America has been hoodwinked and robbed blind. The Treasury said the US is "nonsolvent." This chapter is coming to an end. Too bad the oligarchs aren't Utopians--just greedy rapacious fucks.
RandomFactUser@reddit
Okay, but the Federal Reserve isnt the Treasury, those reserves are somewhere else in this case
Moarbrains@reddit
There is some gold, but not as much as they claim.
Butane9000@reddit
Incorrect actually. They demanded their gold returned. We didn't have it so we cut them a check and they bought new gold. Then they called it "buying modern gold" but functionally the quality and type of gold hasn't drastically changed.
Not a good sign. It's why Fort Knox has refused an audit. Also why there's so much movement in COMEX. Especially around Silver as well.
luvsads@reddit
Nowhere in that article does it say they demanded the gold and were told Fort Knox doesn't have it. Unless you can quote it, it sounds like you're making shit up
Admirable-Guest-2560@reddit
Fort Knox only holds US owned gold.
Butane9000@reddit
If we're holding physical gold for them and instead of repatriating the said gold were supposedly holding we cut them a check what does that imply?
luvsads@reddit
It implies gold is heavy. Do you know how hard it is to move over 100 tonnes of gold?! Lmao the article states they used it to exchange for new, "modern," compliant gold bars already available to them in Europe.
NearABE@reddit
Moving 100 tons of gold is easier than moving 100 tons of concrete.
DrDalenQuaice@reddit
It's not the weight it's the insurance.
Klutzy-Excitement727@reddit
A reserve system you can trust! You just can't ever see it or look into it at all and if someone demands their reserves, we just claim that gold is now an impossible to transport magic material and we pay them using paper. Easy.
luvsads@reddit
The US didn't claim anything. This was a decision made by France. The article says they wanted the "new" gold because they saw it as a better investment, and they were right with $11B made off the "new" gold since they started the exchange back in 2025.
Tsofuable@reddit
It should be as difficult as moving 100 tons. It's not impossible by any means - but you can't fill your container from floor to ceiling.
luvsads@reddit
The cost and coordination required to move something that heavy and valuable makes it very difficult to do, especially when compared to the route they ended up going
brinz1@reddit
Even transport costs included, this was a far more expensive option.
aykcak@reddit
That nobody in federal reserve is trained to or be assed to physically move out gold bars anymore?
Boollish@reddit
This is a well known conspiracy theory, don't waste your time.
The theory is that somebody (no prizes for guessing who) has taken all the gold from the federal reserve and instead issues paper IOUs. If there was ever a crisis where people demanded physical delivery of bats, the entire fiat system (created by globalist bankers, no doubt) would be exposed as a scam.
There is nothing you can say to convince them otherwise.
Boollish@reddit
Don't engage.
This is a well known conspiracy theory going back decades that (((some interested party))) has sold the same gold bars multiple times, and if people were to suddenly all demand their gold, there wouldn't be enough bars to go around and the fiat monetary system would be exposed as a globalist banker conspiracy.
There is nothing you can say that will convince them otherwise.
ForeignEchoRevival@reddit
Is there a Quiet Run on precious metal holdings in the USA right now?
If so, how soon until rush to drop US Bonds?
gregaustex@reddit
US bonds aren’t backed by gold they’re backed by the tax authority of the US government.
NearABE@reddit
We can fake a gold reserve. Cannot fake the loss of useful productivity.
Old_Wallaby_7461@reddit
No.
Gold is a pain in the ass to ship so they just sold the gold they had here and bought gold in Europe.
HippyGeek@reddit
Source?
pants_mcgee@reddit
None, that’s nonsense.
Moarbrains@reddit
Yes, we have been playing games with gold for a while. There have been tungsten bars found and I am sure someone sold the same gold multiple times.
nuclearbearclaw@reddit
Redditors sure do love to make shit up. You know you don't have to, right?
harpers25@reddit
The article specifically says that France sold the gold. What is your source otherwise?
Gordfang@reddit
The title is missing "US"
I hope the missing title elements is just a mistake and not some weird manipulation.
They sold the gold from there and bought back bar with better quality, making a profit at the same time
GerryAdamsSon@reddit
The US is the only entity that has the 'Federal Reserve' with that name, should be obvious to most as it was to me
Infinite-4-a-moment@reddit
Better specify which White House from now on too.
jordan853@reddit
American defaultism so fucking exhausting
aknb@reddit
The White House in the US is the most popular, possibly because of movies, but not the only one. For example:
https://en.wikipedia.org/wiki/White_House_(Moscow)
https://en.wikipedia.org/wiki/White_House,_Bishkek
NearABE@reddit
Used to be a porn site you could accidentally stumble into by writing .com instead of .gov.
Alpacinator@reddit
Listen, I just came back from a call with the Pentagon, and they siwd to share this message with you: Official Pentagon Correspondence
secretsuperhero@reddit
There’s a white house at the far end of my block, and one on the corner. I make sure to specify which one.
teslawhaleshark@reddit
The Russian Senate!
GerryAdamsSon@reddit
Could be the one in Ireland to be fair
bellysavalis@reddit
The ice cream gaff?
GerryAdamsSon@reddit
The pub 💀
bellysavalis@reddit
Went downhill after that rugby fellah bought it and tried to turn it into a rugby bar in a city that already had 100 rugby bars.
satanlicker@reddit
Rugby lads do ruin everything dont they
there_is_no_spoon1@reddit
aye, and with impunity
GerryAdamsSon@reddit
Sounds about right, not been home for years
Bonjourap@reddit
I always think of "Dar al-Bayda" (Casablanca) when I read the words "White House"
Then, I have to actively remember that I am reading US news, not Moroccan
arethainparis@reddit
South Korea would agree!
juliuspepperwoodchi@reddit
The orange one
sadrice@reddit
As an American I did not know that we were the only ones with a Federal Reserve, and so the only reason I assumed it was ours is because of a bit of the classic American thing as well as I had already heard of France doing this.
kipperlenko@reddit
Most countries have a central bank, they just call it by different names. US calls it the Federal Reserve, UK calls it the Bank of England etc.
RandomFactUser@reddit
(Also the Bank of the United States was created and dismantled in the 1800s and the Federal Reserve is set up in such a way that it operates independently of the executive)
LurkBot9000@reddit
As an American I see op's point and agree it's weird not to have US in the title to specify.
I get why we are always so US focused in our conversations but it really doesnt make sense to expect the rest of the world to do the same
GerryAdamsSon@reddit
I'm Irish, but the Federal Reserve is the name of your government bank. Other countries don't have that name
LurkBot9000@reddit
Sure but, IMO, it seems silly to expect other people to just know that
hhssspphhhrrriiivver@reddit
They could always, I dunno... read the article?
It's one thing if it's something that can be confused for a different place (like Georgia and Georgia, or Ontario, CA and Ontario, CA), but you shouldn't necessarily have to specify in titles where something is if it's the only thing with that name.
For example, no one needs to specify "France's Eiffel Tower"; we just say "Eiffel Tower", and then the reader will either already know that the Eiffel Tower is in France, or they can read the article and find out.
SendCatsNoDogs@reddit
It's to avoid automod filters.
LurkBot9000@reddit
Ah that makes sense
snelson101@reddit
Federal does not definitively imply US. Maybe im in the minority but i assumed from the title that it meant France’s own reserves.
GerryAdamsSon@reddit
France doesn't have a 'Federal Reserve', that's the name of the central bank which holds all US assets
improbablydrunknlw@reddit
Realistically, most people aren't going associate it with the one organization and just assume it's a proprietary eponym kind of thing. I'm not American and I think fairly well read but I just assumed it was Frances version.
Statharas@reddit
I've had the misfortune of meeting an American asking where the white house of my country was, so let's just agree that we need the country included for those poor souls
aknb@reddit
The White House in the US is the most popular, possibly because of movies, but not the only one. For example:
https://en.wikipedia.org/wiki/White_House_(Moscow)
https://en.wikipedia.org/wiki/White_House,_Bishkek
DjuriWarface@reddit
Ok, but like, you knew what they were asking even if they were kind of dumb asking that way?
greyetch@reddit
What would you consider to be the Greek "Whitehouse"? Maximos Mansion or Presidential Mansion?
BendicantMias@reddit (OP)
I'd love to be able to include the country in the title, if only Rule 2.3 would allow me to...
retnemmoc@reddit
Any remaining gold in the US will be pulled INTO the banking system (probably international bank of settlements) outside of the country and there will be zero paper trail. We are intended to be left holding the bag. It's not even our system even though it pretends it is.
ThatHeckinFox@reddit
To be fair ,a lot of places you'd not expect, are federations. Germany, Austria, Nepal, etc. I listed these examples specifically, because these were the most surprising to me when i learnt long ago they are.
At this point, I'd not even bat an eye if France was on that list.
RandomFactUser@reddit
France is a Unitary State, the structure of the country is more administrative than functional. (The whole regional structure change that happened a few years back can only happen in a unitary state, im a federal state, changing the borders of the first order administrative divisions would result in a lot of change to laws, governmental structures, and taxation practices, among many, many other changes across the regions affected)
Professional-Syrup-0@reddit
The US is likely omitted from the title because otherwise automod would flag this as “US domestic news” and remove it due to rule 2.3 violation.
gregorydgraham@reddit
When has the US ever acknowledged the existence of the rest of the world in their domestic news?
It’s never “Mariners win US World Series”, it’s always “Red Sox wins Another World Series”. Sucks to be you if you have no idea who Red Sox is.
RandomFactUser@reddit
Most countries don’t really do that for domestic news if it happens exclusively within their borders
champagneface@reddit
Do posts get filtered out if they have the US in the title? I’ve noticed people referring to it as “U” in some titles so I assume it’s to get around mods
BendicantMias@reddit (OP)
Not just "US", but also other signs it's an "American" post (even if it's really international that just happens to involve America) such as "Trump" (which is why you'll see titles with his name as "T" or "Grump") or ofc "America" or "United States". All cos of the dumb automod thinking it's enforcing Rule 2.3 (which is supposed to only block their internal news). This also affects any story involving China or India as well. That rule is single handedly responsible for why this sub seems so dominated by only stories about Israel and Russia - cos they're the only remaining "popular" topics/nations not blocked by it.
TheSamuil@reddit
I'd assume that "America" is particularly frustrating for folks interested in the rest of the Americas
shabi_sensei@reddit
Not really, at least in Canada, American is basically a pejorative now and we’ve never referred to ourselves as Americans so it’s business as usual
Jazzlike-Spare3425@reddit
I though this was about South America more than Canada tbh
improbablydrunknlw@reddit
Do south Americans identify as South alAmerican? I'm Canadian but I've never thought I was "north American"
RandomFactUser@reddit
It’s not used as much for the people
However it’s not uncommon to refer to North American concepts and systems as “North American” when using broad distinctions from “European” for example
BendicantMias@reddit (OP)
Latin American, which note it still has 'american' in the name.
RandomFactUser@reddit
That’s more tied to languages other than English historically not differentiating between North and South America, so “American” is used where North American/South American and European would be used
Professional-Syrup-0@reddit
It’s also very convenient in surprising any bigger picture reporting about US foreign policy in the Americas, I.e. Venezuela, Cuba and so on.
teslawhaleshark@reddit
Just write Amerloque, the French way
REKTGET3162@reddit
They do. That's probably why it's missing from the title.
BendicantMias@reddit (OP)
It is.
YourFuture2000@reddit
As a person who have studied journalism, I just what to say that news title are not meant to be "the news information". It is meant to be just a call, invitation, or whatever to make people interested enough to actually read the news.
People who only read the title and not the news have to stop to assume they can be informed about news from titles.
It would be like assuming the history of a book or film just from the cover.
-Hi-Reddit@reddit
As someone that has studied journalism you should understand your primary task above all else is to communicate effectively.
Clickbait titles are NOT effective communication.
What you are describing, the 'call' or 'invitation' is a marketing tactic. Not journalism.
No journalist with a stronge sense of integrity uses clickbait titles because they like them. Its done to compete for views. Everything would be better without the 'race to the bottom' that clickbait titles cause.
YourFuture2000@reddit
The title in this case is not inacourate and is not a clickbait.
Only the US have this institution called "Reserve currency. So it is an effective communication.
The point is, you should not expect to learn about it by just reading a title. If one doesn't know in which country it is, one should read the news instead of complaining about the title.
gregorydgraham@reddit
I have other things to do with my time. If you post clickbait or hellaclever titles I will ignore those articles.
You want people to be informed, tell them what you’re going to inform them about.
YourFuture2000@reddit
I just said, the title IS NOT a clickbeit.
If you don't get the title of this news and don't have time to understand it by actually reading the news, then the problem in this case is not the title. The problem is that you are not the intended public which this publication was written for.
KronusTempus@reddit
This. I’ve been instinctively avoiding clicking on all news articles with a clickbaity title. I can’t stand it.
King_Of_Pants@reddit
Yes and no.
You're supposed to be sticking to your inverted pyramids.
The idea is to provide the key information first, and then the supporting information further down as the story continues. Yes you want the reader to be hooked and engage with your piece, but the most important and telling information is supposed to be at the top.
You're fighting for the limited attention span of your audience and there's never been a guarantee they will / can read the entirety of your article. You should be able to convey the gist of your report as quickly as possible.
YourFuture2000@reddit
Not really, because if there is such "fight" then the public reading is not the intended audience.
A publisher has two options, right an true informative peace for people who have time and interest to invest their time reading about the subject, or limit the information quality to make it as short, less analytical e less informative ad possible, for the public who want fast to digest information, seeking quantity instead of quality. These publics also different from as the ones who actually seek understanding things from the public who seek just distraction for not knowing what better to do with their time (entertainment). So information medias adapt their content and language to their target audience.
Often people complain because they are not the audiance to whom a peace or a publisher target their content. Here is an exemple of a French complaining of the title which for any American is a very clear and objective information.
gregaustex@reddit
The title should accurately reflect the article. There is hardly any journalism at all anymore.
YourFuture2000@reddit
In this case the title is very accurate.
sweetno@reddit
This sub auto-bans submission with US/American/etc in the title.
KronusTempus@reddit
The mods respond whenever the moon is in its 15th cycle and the female werewolf pheromones match those of an old Japanese matcha from the 16th century…that is to say never.
sweetno@reddit
In my experience they respond in an hour or so.
defenestrate_urself@reddit
That's been my experience too.
Even if it weren't I would show some leniency, mods aren't paid to spend their time maintaining the forum. It's a thankless task i imagine.
KronusTempus@reddit
Been waiting for weeks now :)
I didn’t even know why my post got autonuked, now I learn here that you can’t have the word “US” in the title even if it’s international news.
Professional-Syrup-0@reddit
That used to work like 4 years ago, but that hasn’t worked for me in years.
Better chance to look for the same news from some other outlet with a less US centric headline, but automod will block those based on “source quality”.
It’s why this sub sadly has become quite a bit of a nasty filter bubble, as some events never even make it here.
I.e. while the US was bombing Kharg island all submissions here related to the war were about the cease fire that was allegedly just agreed on because that news came via Oman.
While U.S. attacks in Kharg are very US centric by their very nature, yet automod removes them like they were some US domestic non-news.
defenestrate_urself@reddit
To be fair i've messaged the mods a few times regarding posts with US in the title and they have responded each time reasonably promptly.
sweetno@reddit
Yeah, I've noticed that r/worldnews is beating r/anime_titties on mod policy at the moment. (Disclaimer: beating titties is haram.)
NaughtyCheffie@reddit
This good for bitcoin.
BendicantMias@reddit (OP)
Bitcoin is experiencing yet another crash atm. From a high of 126k just a few months ago all the way down to half that (and it's still at only 71k right now).
space253@reddit
Again, I thought they did it all last week?
BendicantMias@reddit (OP)
Blame Rule 2.3 for that. There is no intended manipulation, unless you count adjusting for the stupid automod to be manipulative.
Biscotti-Own@reddit
This is old news and had very little to do with politics. Some media companies are just trying to spin it like countries are abandoning the US over recent events
iperblaster@reddit
How old?
Biscotti-Own@reddit
Reuters reported about it on March 24th, but it's paywalled. Their report was based off of the Banque De France's yearly fiscal report. The sell off happened back in July of 2025 and the purchase of new standard gold completed in January. Distrust in the US may have contributed to the move, but not due to current events.
https://nai500.com/blog/2026/04/bank-of-frances-e13-billion-gold-flip-sold-high-in-new-york-bought-back-low-in-europe/
iperblaster@reddit
France is probably exiting not because of Iran conflict, but because of Trump..
RandomFactUser@reddit
Thats one and the same once Trump was convinced by Israel’s leadership
defenestrate_urself@reddit
The seizure of Russian assets due to the Ukraine war and the Bank of England refusing to release Venezuelan gold in 2018 because they didn't recognise Maduro shows unless it's in your house you don't own it.
It makes sense to repatriate your gold, especially from an unstable partner.
Moscatmusic@reddit
Germany is also thinking about it too: https://www.theguardian.com/world/2026/jan/24/repatriate-the-gold-german-economists-advise-withdrawal-from-us-vaults
MC_chrome@reddit
Merz doesn’t have the balls. Guy is somehow even less effective at governance than Scholz
GerryAdamsSon@reddit
He's works for Blackrock, not Germany
i8theapple_777@reddit
Yes he is black rock wh*** and Miss Reiche loves fossil fuels...
Circus_Finance_LLC@reddit
what word did you censor? whore?
Da_reason_Macron_won@reddit
You can say whore, we promise we wouldn't tell your mom.
Parcours97@reddit
Merz is a member of Atlantik Brücke, a transatlantic think tank. There is no fucking way he will stop sucking Americas dick.
ale_93113@reddit
Gold is super dense, and now we don't have a need to have it all concentrated in a single location like in the past, countries should all of them repatriate their gold reserves
TachiH@reddit
Most European nations only ever sent it to America because of the world wars. Should have just brought it back once it was over, I guess they all carried on with the "Russia threat".
HumaDracobane@reddit
Spain tried that with Moscow during our Civil War. Didnt ended that well.
No-Spoilers@reddit
No, it stayed because it is way easier to just wheel the gold down the hall to a different vault down the hall than to ship it to another country. When everyone is trading in one location constantly, it makes sense to keep your gold there. Especially if that country was one of your strongest allies for that entire time period.
YukariYakum0@reddit
Yeah. Charles De Gaulle decided he wanted France's gold back and had it shipped across the Atlantic. I wonder how much money was spent just to move the money.
No-Spoilers@reddit
Luckily this time they just sold it and bought gold back in Europe.
TachiH@reddit
We put the gold there not for trade reasons. We were paying enormous amounts of gold to the US government for war materials.
Insert jokes about the US only ever getting involved at the last minute 😉
Obelix13@reddit
I guess they are arming themselves from threats, be they from Russia, the Middle East, Far East, or even from the West.
Ghede@reddit
They didn't even take it out of the reserve, that'd cost too much to transport.
Instead they sold it, and rebought gold in Europe.
BendicantMias@reddit (OP)
India also repatriated a lot of its gold reserves last year, albeit that was from the Bank of England.
Blackout38@reddit
Makes sense. I don’t envy France’s crisis but being able to more easily liquidate their gold reserves will only be a short term solution to it but anything to maintain the empire and social safety nets.
iperblaster@reddit
I read that they sold the US detained gold and then bought the same weight in new gold . They earned 13 billion because of price fluctuating?
Blackout38@reddit
Yeah but the new gold is being minted so they can sell it more easily. So it sounds like they sold the gold to the Fed or related group then bought the same amount in back at home. It’s also the last 5% they had with the Fed and the other 95% was moved in the 60s.
Ofiotaurus@reddit
Everybody should pull that and Fort Knox should be audited too