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Richard Quest reports that countries like France and the Netherlands are repatriating their gold reserves from the US and UK. This shift is driven by fears of a financial crash and aggressive US sanctions that restrict access to dollar clearing systems.
Saagar reports that the Dutch Central Bank moved gold reserves out of New York to guard against potential asset seizures by Donald Trump. France similarly repatriated its gold from the New York Federal Reserve.
Nik Bhatia projects that the United Kingdom, France, and Japan are highly likely to see massive central bank or government interventions within six to twelve months. He notes these European economies will face debt crises before the United States.
The Bayeux Tapestry is being exhibited at the British Museum, marking its first exhibition outside of France in nearly a millennium. Alexandra Suich Bass reports that the 70-meter masterpiece survived French Revolution destruction, Napoleon, and Nazi theft attempts.
Saagar Enjeti points out that progressive candidate Francesca Hong lost her primary race in Wisconsin after Hasan Piker campaigned for her on a promise to legalize marijuana.