Dutch CB Declares Gold As Ultimate Reserve Asset | Clive Thompson
Dutch CB Declares Gold As Ultimate Reserve Asset | Clive Thompson
Liberty and Finance: 9-3-2026
A major central bank is quietly repositioning its gold for a crisis, and Clive Thompson says investors should be paying close attention.
The Dutch central bank is moving gold reserves toward London and spreading its holdings across multiple locations, explicitly citing crisis preparedness and describing gold as an “anchor of trust” and an ultimate reserve asset for hedging extreme systemic risks.
Thompson also discusses the extreme volatility in gold and silver, shrinking silver inventories, rising industrial demand, and why even a small shift of capital from the enormous global bond market into gold could have an outsized impact on prices.
He warns that a future bond-market crisis could force central banks to intervene and create new money, potentially triggering a major surge in gold.
Thompson also shares what investors should watch now, including central-bank gold buying, Treasury bond disinvestment, stock-market weakness, and signs that capital is beginning to rotate toward precious metals.
INTERVIEW TIMELINE:
0:00 Intro
1:00 Gold repatriation
14:30 Gold market update
25:52 Global bond crisis
27:10 Little Trot books
30:20 Stock market crash