France Pulled Its Last Gold Bar From New York. Germany and Italy Are Next. That’s $245 Billion Walking Out the Door.

France pulled all its gold from the NY Fed. January 2026. Made $15 billion doing it. First time in 100 years they had zero stored there.

Germany still has 1,236 tonnes in Manhattan. Italy has 43% of its entire reserve sitting there. Combined thats $245 billion.

Both governments are under serious pressure to follow France right now.

This started after 2022. Russia got its assets frozen and every central bank watched that happen. You dont leave your gold in someone elses vault after seeing that.

Official reason France gave was the old bars didnt meet modern standards. Maybe true. But they finished this in January 2026 right in the middle of the worst US-Europe tensions in decades.

The Fed has never had a full independent audit. Never. Make of that what you will.

Source: https://novarapress.net/dollar-no-longer-safe-storage-gold-repatriation​​​​​​​​​​​​​​​​